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 105 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
Excellent

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

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.

A model for recessive epistasis A model for recessive epistasis
Heart Model Heart Model
Diathesis–stress model of depression. Diathesis–stress model of depression.
Ethical Decision-Making Model Ethical Decision-Making Model
A model for DNA replication A model for DNA replication
A high-resolution model of the 50S ribosomal subunit A high-resolution model of the 50S ribosomal subunit
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library