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Author Question: Explain several of the key contributions of Keynes. What will be an ideal ... (Read 21 times)

dakota nelson

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on: Jun 30, 2018
Explain several of the key contributions of Keynes.
 
  What will be an ideal response?

Question 2

Which of the following argued that the Great Depression was caused by monetary factors?
 
  A) Friedman and Schwartz
  B) Hicks and Hansen
  C) Modigliani and Friedman
  D) Lucas and Sargent
  E) Tobin and Jorgenson


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juicepod

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Obviously, answers to this question could be quite long. Answers should include topics like: the importance of expectations, business cycle theory, the importance of aggregate demand in causing fluctuations, liquidity preference, and the concept of the multiplier.

Answer to Question 2

A


dakota nelson

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

atrochim

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Reply 3 on: Yesterday
Gracias!

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