« previous next »

Author Question: The Keynesian model differs from the classical model in that a. people do not have perfect ... (Read 87 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The Keynesian model differs from the classical model in that
 
  a. people do not have perfect information about the future in the Keynesian model.
  b. real wages are not flexible in the Keynesian model.
  c. monetary policy affects aggregate demand in the Keynesian model.
  d. expectations are crucial in the classical model.
  e. all of the above.

Question 2

Unlike business, government can coerce individuals to paying higher prices through taxes.
 
  Indicate whether the statement is true or false


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

True
14 In addition to human devastation, war influences the amount of real output, employment and prices by diverting resources away from private uses.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 30, 2018
Thank you :)


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

In the 1800s, most people were poor, and formal education beyond the first several grades was a ... In the 1800s, most people were poor, and formal education beyond the first several grades was a ...
Do you see animals or people first? Do you see animals or people first?
DPSIR Model DPSIR Model
IPCC model projections depend on greenhouse gas emissions IPCC model projections depend on greenhouse gas emissions
The Malthusian Model The Malthusian Model
The attenuation model regulating the tryptophan operon The attenuation model regulating the tryptophan operon
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library