[Answered] In classical economic theory, the government should not intervene in the economy. Indicate ...

This topic contains a solution. Click here to go to the answer

Author Question: In classical economic theory, the government should not intervene in the economy. Indicate ... (Read 97 times)

jon_i

Hero Member
Posts: 549

on: Aug 4, 2018

In classical economic theory, the government should not intervene in the economy.

Indicate whether the statement is true or false.

Question 2

According to Keynes, only the government had the ability to remedy economic problems in the case of a recession.

Indicate whether the statement is true or false.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

bigcheese9

Sr. Member
Posts: 333

Reply #1 on: Aug 4, 2018

Answer to Question 1

True

Answer to Question 2

True

jon_i

Member
Posts: 549

Reply 2 on: Aug 4, 2018

Wow, this really help

scikid

Member
Posts: 300

Reply 3 on: Yesterday

Great answer, keep it coming

« previous next »

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.