The theories of consumption were developed by
A) Friedman and Phelps.
B) Hicks and Hansen.
C) Modigliani and Friedman.
D) Lucas and Sargent.
Correct Answer:
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Q5: The intellectual leader of the monetarists was
A)Robert
Q6: According to Keynes,
A)the Great Depression was caused
Q7: Which of the following argued that the
Q8: The IS-LM model was developed by
A)Friedman and
Q9: Which of the following schools of thought
Q11: If the IS curve is relatively steep,then
A)there
Q12: Which of the following statements about Keynes'
Q13: "Effective demand" represents which of the following?
A)money
Q14: "In the long run,we're all dead" was
Q15: In the 1960s,the monetarist school of thought
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