According to Keynes, the classical model could not explain

A) a recession or depression.
B) periods of rising unemployment.
C) a long-term economic decline.
D) periods of rising interest rates.


C

Economics

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Other things remaining same, a right shift in the demand curve will lead to:

A) a decrease in the equilibrium price and the equilibrium quantity. B) a decrease in the equilibrium price and an increase in the equilibrium quantity. C) an increase in the equilibrium price and the equilibrium quantity. D) an increase in the equilibrium price and a decrease in the equilibrium quantity.

Economics

What do people base their expected inflation rate upon?

What will be an ideal response?

Economics

Unlike AFDC, TANF is an entitlement program

Indicate whether the statement is true or false

Economics

Because employer-provided health insurance was too expensive, a major employer decided to self-insure and simply pay for medical bills itself rather than a premium to an insurance company. As a result

a. they are more likely to institute a wellness program for employees b. they are less likely to institute a wellness program for emp c. they are indifferent with regards wellness programs d. they will regret this decision

Economics