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

Author Question: Which of the following schools of thought believes that the major source of the macroeconomic ... (Read 168 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
Which of the following schools of thought believes that the major source of the macroeconomic problems are the disequilibria in the private labor and goods market?
 a. Keynesians and new Keynesians
  b. Only monetarists
  c. Only new classical economists
  d. Monetarists and new classical economists
  e. Monetarists and Keynesians

Question 2

A tax is imposed on wine. Sellers will bear no burden from this tax if the:
 a. demand for wine is perfectly inelastic.
 b. demand for wine is perfectly elastic.
 c. demand for wine is unit elastic.
 d. supply curve for wine is perfectly inelastic.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

a

Answer to Question 2

a




jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library