Multiple Choice
The development most responsible for the wide-spread introduction of macroeconomic models built upon solid microeconomic foundations was the
A) development of the Keynesian coordination failure model.
B) the work of Milton Friedman.
C) rational expectations revolution.
D) popularization of the Solow growth model.
E) work of John Maynard Keynes.
Correct Answer:
Verified
Correct Answer:
Verified
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Q34: More government spending<br>A)can compete with private spending
Q35: What is produced and consumed in the
Q36: The inflation rate has been low in
Q37: Since 1870 in Canada, there has been<br>A)too
Q39: The Canadian recession of 1981-82<br>A)was likely caused
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Q41: For the study of economic growth, it
Q42: Neo-Fisherism says<br>A)the central bank should increase inflation
Q43: Since World War II, deviations from