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

Author Question: The Keynesian approach assumes that A) the economy is self-regulating. B) there is no ... (Read 202 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
The Keynesian approach assumes that
 
  A) the economy is self-regulating. B) there is no unemployment in the economy.
  C) the price level is fixed. D) the government budget is always in deficit.

Question 2

The price of a given basket of goods in Year 1 was 1,300. The price of the same basket of goods in Year 2 was 1,560. The consumer price index for Year 2 taking Year 1 as the base year is ________.
 
  A) 120 B) 156 C) 100 D) 101



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

A




magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
Gracias!


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library