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

Author Question: Which of the following never assumes, either implicitly or explicitly, independence between nominal ... (Read 32 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jun 30, 2018
Which of the following never assumes, either implicitly or explicitly, independence between nominal and real variables?
 
  A) the AS curve
  B) the Phillips curve
  C) Okun's law
  D) the classical dichotomy
  E) none of the above

Question 2

In the Keynesian consumption function
 
  a. consumption is a constant fraction of income.
  b. the marginal propensity to consume is constant.
  c. disposable income determines consumption.
  d. All of the above
  e. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


abern

  • Member
  • Posts: 533
Reply 2 on: Jun 30, 2018
Wow, this really help

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

When cats mate, the tomcat (male) bites the scruff of the female's neck as she assumes a positi When cats mate, the tomcat (male) bites the scruff of the female's neck as she assumes a positi
Photograph of an occupational therapist assisting a patient with learning independence in activities Photograph of an occupational therapist assisting a patient with learning independence in activities
This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f
Decolonization and Independence Decolonization and Independence
Helpfulness Versus Independence Helpfulness Versus Independence
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library