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Author Question: The Keynesian model differs from the classical model in that a. people do not have perfect ... (Read 94 times)

sc00by25

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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

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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.


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sc00by25

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Reply #2 on: Jun 30, 2018
Thank you :)


maya.nigrin17@yahoo.com

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Reply #3 on: Jun 30, 2018
Happy to help you


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