Ask Question
BusinessBusiness
25 April, 18:14

Economist A believes that the economy is self-regulating. Economy B believes that wages and prices and inflexible downward. economist C believes that the AS curve is vertical. economist d believes crowding out is complete. which economist is more likely to advocate for expansionary?

+4
Answers (1)
  1. 25 April, 18:41
    0
    The correct answer is letter "B": Economist B believes that wages and prices and inflexible downward.

    Explanation:

    Expansionary policy is a macroeconomics concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be implemented to use monetary policy to expand the money supply and to increase government spending or tax cuts to stimulate the economy.

    In that case, economist B is more likely to be advocated with expansionary policies since economist B believes in wages and prices and inflexible downward.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Economist A believes that the economy is self-regulating. Economy B believes that wages and prices and inflexible downward. economist C ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The staff at a small company includes: 4 secretaries, 20 technicians, 4 engineers, 2 executives, and 50 factory workers. if a person is selected at random, what is the probability that he or she is a factory worker
Answers (1)
An automotive technician has two job offers. shop a would pay him a straight salary of $720 per week. shop b would pay him $20 per hour to work flat rate, where his hours would vary according to how many jobs he completes.
Answers (1)
What is the purpose of federal antitrust laws? to raise revenue for government programs to preserve competition among business firms to protect domestic firms from foreign competition to provide services to the general public
Answers (1)
Sharpe Knife Company expects sales next year to be $1,550,000 if the economy is strong, $825,000 if the economy is steady, and $550,000 if the economy is weak. Ms.
Answers (1)
Consider an investment that is long 10 S&P 500 Index futures contracts at a price of $3,100.00. The initial margin requirement is $36,000 per contract and the maintenance margin is $30,000 per contract. The annual risk-free rate is zero.
Answers (1)
New Questions in Business
1. Alejandro and Roger are working on a group project for class that requires writing a paper and designing charts to explain the information contained in the paper.
Answers (1)
The production manager for Beer etc. produces 2 kinds of beer: light (L) and dark (D). Two resources used to produce beer are malt and wheat. He can obtain at most 4800 oz of malt per week and at most 3200 oz of wheat per week respectively.
Answers (1)
Sara shouppe has invested $100,000 in an account at her local bank. the bank will pay her a constant amount each year for 6 years, starting one year from today, and the account's balance will be 0 at the end of the sixth year.
Answers (1)
Jeremy Abdul is a marketing manager at one of the largest advertising firms in the northwest. If Jeremy undertakes decisions on brand awareness, promotional campaigns, and guerrilla marketing, what level of decision making would he be involved with?
Answers (1)
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of production are $25 per motor, and annual fixed costs of production are $800,000.
Answers (1)
Home » Business » Economist A believes that the economy is self-regulating. Economy B believes that wages and prices and inflexible downward. economist C believes that the AS curve is vertical. economist d believes crowding out is complete.
Sign Up Forgot Password?