This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: New Keynesian economists believe that a. movements in unemployment can be explained by voluntary ... (Read 70 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
New Keynesian economists believe that
 
  a. movements in unemployment can be explained by voluntary movements in and out of the labor market..
  b. everyone who is not working is involuntary unemployed.
  c. labor markets clear in the long-run.
  d. the new classical model has merit, but recessions cannot be adequately explained in a model of with perfectly flexible prices and wages.

Question 2

The Mint Act of 1792 failed to provide for a stable domestic hard currency for the U.S. because
 
  (a) the supply of gold and silver was inadequate.
  (b) the federal government failed to make the coins legal tender.
  (c) gold was undervalued, while silver was exported.
  (d) the notes of the U.S. government were not accepted by the population because of their
  low value, while the government had no gold to offer.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

(c)


bobbie

  • Member
  • Posts: 592
Reply 2 on: Jun 30, 2018
:D TYSM

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

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.

The continents were not always in their present positions. The position of the continents is importa The continents were not always in their present positions. The position of the continents is importa
Ion Movements During the Action Potential Ion Movements During the Action Potential
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
Joint movements of the lower leg for recovery after strenuous exercise. Joint movements of the lower leg for recovery after strenuous exercise.
Summary of chromosome movements in meiosis Summary of chromosome movements in meiosis
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library