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

Author Question: In the Keynesian model, a. the autonomous expenditure multiplier is lower than the tax ... (Read 89 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
In the Keynesian model,
 
  a. the autonomous expenditure multiplier is lower than the tax multiplier.
  b. the autonomous tax multiplier is positive and large.
  c. the autonomous tax multiplier is larger (in absolute value) than the tax multiplier.
  d. the tax multiplier is equal to 1.
  e. none of the above.

Question 2

According to classical economists,
 
  a. money was a veil that determined the nominal values in which such variables as the level of economic activity were measured.
  b. money can have a temporary impact on output.
  c. it is the nominal interest rates that matters in decisions to save and invest.
  d. Both a and b
  e. Both a and c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

A




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
:D TYSM


sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library