Paul Samuelson is immensely famous among economists for having established the supply-side school of economics
Indicate whether the statement is true or false
F
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Briefly describe monetarism and the monetary growth rule
What will be an ideal response?
Quantitative evidence from Fishlow, Fogel and Mercer indicates that
a. antebellum railroads were built ahead of demand, but post-bellum transcontinentals were not. b. post-bellum transcontinentals were built ahead of demand, but antebellum railroads were not. c. both antebellum railroads and post-bellum railroads were built ahead of demand. d. antebellum railroads were not built ahead of demand, but the evidence on post-bellum railroads is mixed.
The different rights and responsibilities which owners, workers, and managers have in different forms of business are referred to as contractual constraints
Indicate whether the statement is true or false
Does government borrowing crowd out private sector spending?
What will be an ideal response?