Social Studies, 13.11.2020 14:00 Clark1212
Milton Friedman discussed the possibility of setting the marginal social cost of printing one more unit of money to zero, implying that the real interest rate should be equal to the rate of deflation in the economy, but not everyone agreed with this. What reasoning did Phelps (1973) provide to argue against Friedman's rule? Which interpretation would be correct in the RBC model? Why?
Answers: 3
Social Studies, 22.06.2019 18:30
How did shays' rebellion reveal the need for a revision of the articles of confederation? a) shays' rebellion exposed the weakness of the central government as written in the articles of confederation. b) shays' rebellion strengthened the ideas of the anti-federalists in the need for a strong national government. c) shays' rebellion illustrated the need for organized local government factions to handle situations such as this. d) shays' rebellion encouraged others to rebel and eventually led to the overthrow of the first established government in the united states.
Answers: 2
Social Studies, 22.06.2019 19:30
What does it mean when a government decides to do something?
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Social Studies, 22.06.2019 19:30
1u.s. history question! question: how did world war ii change the united states' position in world affairs? i need good explanation to support the answer otherwise i get docked points. real answers only ! you! : )
Answers: 2
Social Studies, 22.06.2019 22:40
Which of the following policies is an example of a command-and-control policy? a. subsidies to education b. maximum levels of pollution that factories may emit c. tradable pollution permits d. none of the above is an example of a command-and-control policy.
Answers: 2
Milton Friedman discussed the possibility of setting the marginal social cost of printing one more u...
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