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none of the above. or all of the above for plato!

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15y ago

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What are five types of macroeconomics?

Classical Neo-classical Keynesian Austrian Monetarist That should get you started.


What are macroeconomic topics?

Take a look at "Macroeconomic Issues Today: Alternative Approach". Table of Contents includes the following issues: Unemployment: Is Joblessness an Overrated Problem? Inflation: Can Price Pressures Be Kept Under Control? Balancing the Federal Budget: Should we be worried about the rising federal deficit?


What is classical theory of income and employment?

According to the classical economists there is full employment in the economy, every job seeker gets the job in accordance with his capabilities and there is never involuntary unemployment. Moreover, the resources of the economy are fully employed. The classical economists believed in Lassies fair economy, there should be no government intervention in the economic affairs. In other world, the classical believed in the free enterprise economy. It is told that the classical economists never presented their model in a refined form. However, the credit goes to modern economists who integrated classical form. However, the credit goes to modern economists who integrated classical ideas. The classical model has two pillars. They are Says law of market and quantity theory of money. The say's law is concerned with the real sector or production sector of the economy. While quantity theory is linked with the classical views regarding labor market and credit are also presented. All such means the classical model is explained with the help of four markets of the economy: Goods market, credit market, labor market and money market. A closed private economy where there is no foreign trade and no government, Short run model where population, capital, technology and organizational knowledge remain the same. Anonymous


What happens to the estate after the estate is closed?

There should be no remaining assets in the estate once it has been closed. All the property should have been distributed according to the Will or according to law.


According to keynes what should the government do when the economy overheats?

Raise Taxes

Related Questions

According to classical electromagnetic theory electrons should?

Repel one another Spiral into the nucleus Maintain their negative charge D.ALL THE ABOVE ////////////////////////////////////// D. is correct Thanks


What should be the major purpose of government according to classical republicanism?

According to the view of classical republicanism, the primary purpose of government is to promote the common good. Classical republicanism dates back to the Renaissance.


Mention two defects in Rutherford atomic model?

according to classical theory, electrons being the charged particles should release or emit energy continuously and they should ultimately fall into the nucleus. if the electrons emit energy continuously, they should form a continuous spectrum but in fact, line spectrum was observed.


Can classical physics explain the photoelectric effect?

No. To explain the photoelectric effect, you have to think of light as a particle, not a wave. The fact that light can be both a wave and a particle is part of quantum mechanics, not classical physics.


Why it is said that outermost shell should contain 8 electrons?

According to the Octect Rule, an atom is most stable when its outermost shell has 8 electrons. So atoms try to attain 8 electrons in their outer shell.


Should I major in Archaeology or Classical Studies if I want to become a Classical Archaeologist?

you chose its your life.


What are five types of macroeconomics?

Classical Neo-classical Keynesian Austrian Monetarist That should get you started.


Why does classical physics predict that atoms should collapse?

Classical physics predicts that electrons orbiting the nucleus in atoms should continuously radiate energy and spiral inward, eventually collapsing into the nucleus due to electromagnetic forces. This prediction contradicts observations and the stability of atoms, which led to the development of quantum mechanics to explain the behavior of particles at atomic scales.


What are macroeconomic topics?

Take a look at "Macroeconomic Issues Today: Alternative Approach". Table of Contents includes the following issues: Unemployment: Is Joblessness an Overrated Problem? Inflation: Can Price Pressures Be Kept Under Control? Balancing the Federal Budget: Should we be worried about the rising federal deficit?


Should kids be able to listen to classical music during school?

kids should be able to listen to classical music because it clams down the brain and blocks talking


What is convalent bonding?

I believe the qustion should read "what is a covalent bond". A covalent bond is a bonding interaction that comes about due to the effects of quantum mechanics and involves the sharing of electrons. Contrast this with an ionic bond that can be understood based on classical electrostatic forces.


What should the classical experiment provide the researcher with?

A classical experiment should provide the researcher with reliable and valid data to test a hypothesis. It should allow the researcher to establish cause-and-effect relationships and draw meaningful conclusions based on the results.