This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: During the 1970s and 1980s, macroeconomists were busy integrating the insights of which of the ... (Read 87 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
During the 1970s and 1980s, macroeconomists were busy integrating the insights of which of the following into their ideas about the economy?
 
  A) real business cycle theory
  B) Keynesian theory
  C) supply side economics
  D) classical macroeconomics
  E) none of the above

Question 2

If the IS curve is relatively steep, then
 
  A) there can be no long-run tradeoff between inflation and unemployment.
  B) monetary policy cannot be very effective in changing GDP.
  C) rational expectations theory is probably correct.
  D) Ricardian equivalence most likely holds.
  E) budget deficits will not affect future capital accumulation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


Deast7027

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Thank you :)


ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
France has produced most of its energy from nuclear power since the oil crisis of the 1970s France has produced most of its energy from nuclear power since the oil crisis of the 1970s
The male physique depicted in popular action figures in the 1970s The male physique depicted in popular action figures in the 1970s
Integrating Educational Technology into Teaching, 6th Edition Integrating Educational Technology into Teaching, 6th Edition
Lobes of the brain, with primary receiving and integrating centers of the human cerebral cortex. Lobes of the brain, with primary receiving and integrating centers of the human cerebral cortex.
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library