Author Question: The argument that ________ receives strong support from the innovative policy response to the recent ... (Read 60 times)

serike

  • Hero Member
  • *****
  • Posts: 542
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
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library