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Author Question: The argument that ________ receives strong support from the innovative policy response to the recent ... (Read 34 times)

serike

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  • Posts: 542
on: Jun 30, 2018
The argument that ________ receives strong support from the innovative policy response to the recent financial crisis.
 
  A) rules can be too rigid
  B) discretionary policies are vulnerable to the time-inconsistency problem
  C) money is the sole source of fluctuations in aggregate demand
  D) changes in policies can change the coefficients in macroeconometric models

Question 2

A market failure associated with Keynesian economics is
 
  A) pollution externalities.
  B) economic agents cannot agree on prices and wages that are socially efficient.
  C) insurance is imperfect.
  D) banking panics.


Moriaki

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

A

Answer to Question 2

B


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