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

Author Question: Compared to earlier times, the period of the 1950s to the early 1960s was one characterized by ... (Read 143 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
Compared to earlier times, the period of the 1950s to the early 1960s was one characterized by
 
  (a) temporary deficit spending of the government.
  (b) permanent deficit spending of the government.
  (c) temporary surplus spending of the government.
  (d) permanent surplus spending of the government.

Question 2

The aggregate supply schedule is steeper where the money wage is more variable than where the money wage is fixed because the rise in the money wage in the
 
  a. fixed-wage case dampens the effect on employment and output from an increase in the price level.
  b. variable-wage case dampens the effect on employment and output from an increase in the price level.
  c. variable-wage case heightens the effect on employment and output from an increase in the price level.
  d. all of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

(b)

Answer to Question 2

B




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library