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Author Question: The Keynesian approach to government economic policy: a. has emphasized the role of individual ... (Read 89 times)

nenivikky

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on: Jun 30, 2018
The Keynesian approach to government economic policy:
 a. has emphasized the role of individual self-interest as a powerful stabilizing force.
  b. has consistently failed to reduce fluctuations in economic activity.
 c. was ineffective during the 1960s.
 d. highlighted the role of aggregate demand.
 e. was rechristened supply-side economics around 1980.

Question 2

In a monopolistic competitive industry, short-run economic profit encourages entry of new firms until there are no economic profits in the long-run.
 a. True
  b. False
  Indicate whether the statement is true or false


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ms_sulzle

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


nenivikky

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Zebsrer

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Reply 3 on: Yesterday
Excellent

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