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Author Question: The rapid adoption of Basic Oxygen Furnaces by Big Steel (the top six firms) kept the American basic ... (Read 65 times)

Lobcity

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on: Jun 30, 2018
The rapid adoption of Basic Oxygen Furnaces by Big Steel (the top six firms) kept the American basic steel industry from falling behind changes in world technology during the 1960s.
 
  Indicate whether the statement is true or false

Question 2

According to the monetarist view, the
 
  a. IS schedule is quite flat; hence, reflecting a high interest elasticity of aggregate demand.
  b. IS schedule is quite steep; hence, reflecting a high interest elasticity of aggregate demand.
  c. LM schedule is quite flat; hence, reflecting a high interest elasticity of money demand.
  d. IS schedule is almost vertical; hence, reflecting a very low interest elasticity of money demand.


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cloud

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

False

Answer to Question 2

A


Lobcity

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bulacsom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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