Did Keynesian or Classical economics support laissez-faire policy?
Question:
Did Keynesian or Classical economics support laissez-faire policy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Classical economics supporte...View the full answer
Answered By
Mario Alvarez
I teach Statistics and Probability for students of my university ( Univerisity Centroamerican Jose Simeon Canas) in my free time and when students ask for me, I prepare and teach students that are in courses of Statistics and Probability. Also I teach students of the University Francisco Gavidia and Universidad of El Salvador that need help in some topics about Statistics, Probability, Math, Calculus. I love teaching Statistics and Probability! Why me?
** I have experience in Statistics and Probability topics for middle school, high school and university.
** I always want to share my knowledge with my students and have a great relationship with them.
** I have experience working with students online.
** I am very patient with my students and highly committed with them
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
As the problem of inflation grew in the 1970s, did Keynesian or Classical economics grow in importance?
-
Economists tend to fall into two distinct camps where government intervention in the economy is concerned. "Keynesian" economists favor active policymaking based on the Phillips Curve and NAIRU...
-
Multiple Choice Questions: 1. Starting from long-run equilibrium, an increase in aggregate demand? a. Causes an inflationary gap. b. Results in a lower price level. c. Increases unemployment. d. Does...
-
Featherstone Inc. reported the following data: Net income ................................... $296,000 Depreciation expense ................... 113,100 Gain on disposal of equipment ...... 58,500...
-
Ryan (2006) reported about the effectiveness of an assignment given to students during a statistics class. The in-class assignment was aimed at helping students understand sampling distributions. In...
-
Nevada Manufacturing has two processing departments, Department I and Department II. During 2014, direct materials worth $38,000 purchased on account were assigned to Department I. At the end of...
-
What is the difference between aggregation and composition? Give an example for each.
-
Presented below is information related to the purchases of common stock by Thomlin Company during 2014. Instructions (a) What entry would Thomlin make at December 31, 2014, to record the investment...
-
Amy has preferences over the == consumption good and leisure defined by the utility function U(C,1) = Cl. Let h = 24 hours. Amy receives $80 in dividends and pays $20 in taxes. (a) (8 points) Write...
-
Shaving is a process that most men perform each morning. Assume that the process begins at the bathroom sink with the shaver walking (say, 5 feet) to the cabinet (where his shaving supplies are...
-
Wesley Mitchell, a founder of Institutional economics, said that to understand the business cycle, a distinction must be made between making goods and making money. All societies make goods. In the...
-
Would Keynesian or Classical economists be more likely to emphasize the fallacy of composition?
-
How does improving product quality lower the cost of producing a product?
-
A railroad wheel has been removed from its railroad car and has been placed by itself on a rail. The weight on the railroad wheel is 3,534 Newtons. What is the mass of this wheel in kilograms
-
3. An electron moves at a right angle to a magnetic field with a magnitude of 0.850 T. Its circular path has a radius of 7.50 cm. (a) How fast is the electron moving? (b) What is the magnitude of the...
-
A 7 in x 11 in cylindrical tank contains an oil with a density of 825 kg/m. What is the weight of oil in lbf. Hint: You can use the standard density of water as a conversion factor. Add your answer
-
A motorist travels at a constant speed of 36.5 m/s through a school zone, exceeding the posted speed limit. A policewoman waits 7s before giving chase at an acceleration of 3.7 m/s. Find the time...
-
You have a diffraction grating apparatus with a variety of line densities and a 4 2 5 nm purple laser. You would like to produce a bright fringe at an angle of 3 3 from the right bisector. What are...
-
What five broad groups of sources can consumers consult during external search?
-
Represent each of the following combination of units in the correct SI form using an appropriate prefix: (a) m/ms, (b) k m, (c) k s /mg, and (d) k m N.
-
Assume that demand for a commodity is represented by the equation P = 10 .2Qd and supply by the equation P = 2 + .2Qs, where Qd and Qs are quantity demanded and quantity supplied, respectively, and...
-
Use the table below to answer the questions that follow: a. If this table reflects the supply of and demands for tickets to a particular World Cup soccer game, what is the stadium capacity? b. If the...
-
Use the table below to answer the questions that follow: a. If this table reflects the supply of and demands for tickets to a particular World Cup soccer game, what is the stadium capacity? b. If the...
-
Georgias employee will match her contributions into a retirement plan up to 5% of her 40,000 annual salary. in other words, the employee will put $1 into her retirement plan for every $1 Georgia puts...
-
Stock in Country Road Industries has a beta of 1.09. The market risk premium is 7.5 percent, and T-bills are currently yielding 3.5 percent. The company's most recent dividend was $1.7 per share, and...
-
Festival Dancing and Fitness In this activity, you will be provided with a review on the implication of dancing activity to your fitness by way of determining your range of Target Heart Rate. Let us...
Study smarter with the SolutionInn App