This topic contains a solution. Click here to go to the answer

Author Question: Keynesians have been critical of supply-side economics because it ignores a. the natural rate of ... (Read 81 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
Keynesians have been critical of supply-side economics because it ignores
 
  a. the natural rate of unemployment
  b. exogenous supply-shocks
  c. distributional issues.
  d. the costs of high inflation.

Question 2

The Keynesian revolution
 
  a. was an attack on the classical supply-determined, full-employment theory of output and employment.
  b. attacked the quantity theory of money.
  c. shared with the classical model the belief that prices and wages are perfectly flexible.
  d. All of the above
  e. both a and b.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

C

Answer to Question 2

E




darbym82

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library