« previous next »

Author Question: Who was one of the first proponents of employing market economies instead of command economies? a. ... (Read 352 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?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

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.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
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 ...
This military command post is in South Korea, with both U.S. and South Korean personnel. South Korea ... This military command post is in South Korea, with both U.S. and South Korean personnel. South Korea ...
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library