This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Keynes believed that the best method for tackling recessions was to reduce government spending and ... (Read 40 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Keynes believed that the best method for tackling recessions was to reduce government spending and raise taxes, thereby reducing the federal budget deficit.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The marginal revenue product of labor is:
 a. how much labor can be purchased with the revenue from the sale of one more unit of the good.
  b. how much does the marginal revenue change when you add more labor.
  c. the same as the marginal revenue product of capital in equilibrium.
  d. determined by the wage rate.
  e. the contribution to total revenue made by the marginal laborer.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ong527

  • Sr. Member
  • ****
  • Posts: 285
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

e


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 30, 2018
:D TYSM

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
The Steps of the Scientific Method The Steps of the Scientific Method
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Karl Marx (1818–1883) believed that the roots of human misery lay in class conflict, the ... Karl Marx (1818–1883) believed that the roots of human misery lay in class conflict, the ...
Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ... Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ...
Derivative using delta method Derivative using delta method
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library