Author Question: If the economy were in the Classical range of the aggregate supply curve, government policies and ... (Read 105 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
If the economy were in the Classical range of the aggregate supply curve, government policies and central bank actions should focus primarily on:
 a. reducing unemployment.
  b. increasing government spending to boost demand.
  c. keeping inflation reasonably low.
  d. preventing deflation.
  e. All of the above.

Question 2

A clear conclusion from offshoring debates and analyses is that:
 a. It has significant potential to redistribute income from labor to businesses.
  b. Its effect is to increase unemployment in the nation from which offshoring takes.
  c. Its effect is always to decrease GDP in the nation from which offshoring takes.
  d. All of the above are clear conclusions from these debates and analyses.



flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Answer to Question 1

.C

Answer to Question 2

.A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library