subject
Business, 26.09.2019 22:10 jojo8617

Adam is an economist who believes that in the long run, all prices are flexible and that any increase in the money supply will lead only to inflation, not an increase in aggregate output. because the economy would self-correct to long-run equilibrium output, there is no role for either fiscal or monetary policy. adam is best described as a
a. supply-side economistb. keynesian economistc. classical economistd. monetarist

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:30
How is the division of labor accomplished?
Answers: 1
question
Business, 22.06.2019 07:10
mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.
Answers: 1
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
You know the right answer?
Adam is an economist who believes that in the long run, all prices are flexible and that any increas...
Questions
question
Mathematics, 16.09.2021 02:20
question
English, 16.09.2021 02:20
question
English, 16.09.2021 02:20
question
Arts, 16.09.2021 02:20
question
Arts, 16.09.2021 02:20
Questions on the website: 13722367