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

Author Question: New classical economists believe that the classical model a. with the rational expectations ... (Read 57 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
New classical economists believe that the classical model
 
  a. with the rational expectations assumption added provides a role for activist stabilization policies.
  b. is a poor starting point to construct new macroeconomic models.
  c. with the rational expectations assumption substituted for the perfect information assumption provides a starting point for constructing useful macroeconomic models.
  d. is equivalent to the monetarist model.
  e. both c and d.

Question 2

In the postwar era, the federal budget has typically been ________.
 
  A) balanced
  B) in surplus
  C) in deficit
  D) the largest component of Gross Domestic Product


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


khang

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Your heart beats over 36 million times a year.

A model for recessive epistasis A model for recessive epistasis
Human Heart Model Human Heart Model
Intervention Model-Response to Client Misconduct Intervention Model-Response to Client Misconduct
The Solow Model Incorporating Population Growth The Solow Model Incorporating Population Growth
An 8th grade class develops a linear model that predicts the number of cheerios (a small round ... An 8th grade class develops a linear model that predicts the number of cheerios (a small round ...
The attenuation model regulating the tryptophan operon The attenuation model regulating the tryptophan operon
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library