« previous next »

Author Question: The Keynesian model differs from the classical model in that a. people do not have perfect ... (Read 112 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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Male reproductive anatomy model Male reproductive anatomy model
Axon terminal model Axon terminal model
Transactional model of cancer Transactional model of cancer
Some people have begun to “attend” church as avatars. Some people have begun to “attend” church as avatars.
Model of proposed supercomplex of complexes I, III, and IV Model of proposed supercomplex of complexes I, III, and IV
Global Climate Model Global Climate Model
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library