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Author Question: New classical economists believe that the classical model a. with the rational expectations ... (Read 95 times)

khang

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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


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Laurenleakan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


khang

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

essyface1

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Reply 3 on: Yesterday
Gracias!

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