Homework Answers
Due to presence of HOMEWORKLIB POLICY, I am answering 4 questions.
13. b
Explanation: Post-Keynesian Economics is a school of economic thought which builds upon John Maynard Keynes's argument that effective demand is the key determinant of economic performance.
14. a
Explanation: Inflation is the growth rate in price index.
16. b
Explanation: According to theory of business cycles, GDP and employment go hand in hand.
17. a
Explanation: According to empirics, consumer has autonomous consumption + marginal consumption dependent on income.
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This is the FOURTH time I'm posting this question please post
the full answer of ALL parts A,B,C,D,E. If you can't ,allow
somebody else to do it.Thank you!
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