This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to ________, the law's assignment of property rights would have no effect on the way ... (Read 19 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
According to ________, the law's assignment of property rights would have no effect on the way resources would end up being used.
 
  A) Milton Friedman
  B) Ronald Coase
  C) Aaron Director
  D) George Stigler

Question 2

A country reports a potential GDP of 6 trillion, a natural unemployment rate of 4 percent and an expected inflation rate of 2 percent. Using Okun's Law, if the unemployment rate is 5 percent, what is real GDP?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Real GDP = 5.88 trillion (= 6 trillion  0.98).


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

The mechanism of maternal effect in snail coiling. The mechanism of maternal effect in snail coiling.
Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Effect of Knockout of the α5 Ach Receptor Gene in Mice Effect of Knockout of the α5 Ach Receptor Gene in Mice
The Seasonality Effect The Seasonality Effect
Alzheimer’s Drugs Work by Intensifying the Effect of Acetylcholine at the Receptor Alzheimer’s Drugs Work by Intensifying the Effect of Acetylcholine at the Receptor
Video: DNA Replication

For a complete list of videos, visit our video library