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 65 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
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library