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Author Question: Those who favor government policies to stimulate the economy by creating incentives for individuals ... (Read 61 times)

mp14

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Those who favor government policies to stimulate the economy by creating incentives for individuals and businesses to increase their productive efforts are supporting:
 a. supply-side economics.
  b. Keynesian economics.
  c. monetarist economics.
  d. Marxian economics.

Question 2

The long-run Phillips curve:
 a. is downward sloping.
  b. is upward sloping.
  c. shows there is no tradeoff between unemployment and inflation.
  d. is horizontal at the natural rate of inflation.



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Laurenleakan

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Answer to Question 1

a

Answer to Question 2

c





 

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