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

Author Question: The main debate during the 1960s was A) between Keynesians and classicals. B) between new ... (Read 75 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
The main debate during the 1960s was
 
  A) between Keynesians and classicals.
  B) between new Keynesians and new classicals.
  C) between Keynesians and monetarists.
  D) between new Keynesians and monetarists.

Question 2

Both the new classical and new Keynesian models had in common the belief that
 
  A) in the medium run, output returns to its natural level.
  B) output is always at its natural level.
  C) in the short run, output would likely deviate from its natural level.
  D) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

braelync

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

C

Answer to Question 2

A




casperchen82

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library