Author Question: If the economy were in the Classical range of the aggregate supply curve, government policies and ... (Read 152 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?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

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?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library