« previous next »

Author Question: Which of the following models view changes in real supply-side factors as determinants of short-run ... (Read 44 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jun 30, 2018
Which of the following models view changes in real supply-side factors as determinants of short-run fluctuations in output and employment?
 
  a. New classical models
  b. Political business cycle models
  c. Keynesian models
  d. Real business cycle models
  e. none of the above

Question 2

According to supply-side theory, if one starts from a balanced budget, a cut in taxes will tend to cause ________.
 
  A) a budget deficit
  B) no change in the federal government budget
  C) a decrease in aggregate supply and an increase in aggregate demand
  D) a budget surplus


katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Meningocele. (a) A meningocele is a herniation of the meninges, usually associated with the spinal c Meningocele. (a) A meningocele is a herniation of the meninges, usually associated with the spinal c
Apply oil or lotion across shoulders and to posterior neck. Turn the head to one side to access the ... Apply oil or lotion across shoulders and to posterior neck. Turn the head to one side to access the ...
Wrap the client securely with sheets. (A) Lay one side of the sheet over the body. (B) Enclose the ... Wrap the client securely with sheets. (A) Lay one side of the sheet over the body. (B) Enclose the ...
Blood Supply of the Liver Blood Supply of the Liver
Expansion factors for orifice plates Expansion factors for orifice plates
Anterior View of the Spinal Column Showing Anterior and Posterior Longitudinal Ligaments Anterior View of the Spinal Column Showing Anterior and Posterior Longitudinal Ligaments
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library