« previous next »

Author Question: Who was one of the first proponents of employing market economies instead of command economies? a. ... (Read 310 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
Who was one of the first proponents of employing market economies instead of command economies?
 a. Robert Heilbroner. b. Karl Marx.
  c. Jeffrey Sachs. d. Adam Smith.

Question 2

The spending multiplier indicates that:
 a. changes in investment, government, or consumption spending trigger much larger changes in real GDP.
  b. an autonomous increase in saving will cause output to rise by a multiple of the additional saving.
  c. a market economy will be more stable than classical economists thought.
  d. the marginal propensity to consume is greater than one.


tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

torybrooks

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Jun 30, 2018
Thank you :)


tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Iraqi market Iraqi market
Video: baroreceptors

For a complete list of videos, visit our video library