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

Author Question: Those who favor passive policy making do so because they conclude that A) price and wage ... (Read 74 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
Those who favor passive policy making do so because they conclude that
 
  A) price and wage flexibility is a common and speedy occurrence.
  B) there is a stable trade-off between inflation and unemployment in the short run.
  C) price and wage flexibility is an uncommon occurrence.
  D) pure competition is not typical in most markets.

Question 2

Keynes referred to the sharp, often irrational, changes in the outlook of investors as the ________ of investors.
 
  A) primal needs B) crowd psychology C) animal spirits D) chaotic behavior



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

C




sammy

  • Member
  • Posts: 818
Reply 2 on: Jun 30, 2018
Wow, this really help


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library