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

Author Question: The real output of the economy under conditions of full employment A) is long-run aggregate ... (Read 63 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
The real output of the economy under conditions of full employment
 
  A) is long-run aggregate demand. B) is long-run aggregate supply.
  C) happens only when there is no inflation. D) is determined by the real-balance effect.

Question 2

The first systematic attempt to explain the determinants of the price level and national levels of income, employment, consumption and real Gross Domestic Product (GDP) was made by ________ economists.
 
  A) supply-side B) classical C) Keynesian D) monetarist


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xMRAZ

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
Wow, this really help

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
Interventions for Selected Co-Occurring Conditions Interventions for Selected Co-Occurring Conditions
Common Pathological Conditions of the Integumentary System Common Pathological Conditions of the Integumentary System
Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines
A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ... A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ...
Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library