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

Author Question: A social loss function is a way to a. represent the objectives of policymakers. b. balance the ... (Read 76 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
A social loss function is a way to
 
  a. represent the objectives of policymakers.
  b. balance the benefits lower inflation with the costs of higher unemployment and lower output.
  c. calculate the costs of budget deficits.
  d. a way to compensate the losers that result from changes in government policy.
  e. both a and b.

Question 2

Why is the Clayton Act of 1914 considered to have been favorable to the interests of organized labor?
 
  (a) It restricted the application of the Sherman Antitrust Act and excluded labor unions from it.
  (b) It legalized collective bargaining for the first time.
  (c) It declared labor to be an article of commerce.
  (d) It forbade the use of injunctions by the courts to stop strikes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tdewitt

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

C

Answer to Question 2

(a)




nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Excellent


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

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?

The average adult has about 21 square feet of skin.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library