Question and answer
here have been approximately thirty-three major contractions and expansions of the U.S. economy since 1854, each lasting from several months to several years. • During the Great Depression, economist John Maynard Keynes suggested that government monetary policies could be used to lessen the effects of contractions. • The later work of macroeconomist Milton Friedman established that it is important to control expansions in addition to moderating contractions. Previous economists such as John Maynard Keynes and Milton Friedman believed it was important to monitor and control economic
fluctuations. Which statement about modern macroeconomists is true? A. Modern macroeconomists believe that the business cycle model is no longer valid for today's complex economy. B. Modern macroeconomists continue to study the business cycle in an attempt to prevent recessions and make the economy more stable. C. Modern macroeconomists have mastered the complexities of the business cycle and can now prevent recessions in the national economy. D. Modern macroeconomists agree that the business cycle is impossible to regulate and are seeking better methods of preventing recessions.
s
Question
Asked 7/1/2016 7:00:10 AM
Updated 74 days ago|11/8/2020 5:04:56 PM
1 Answer/Comment
Get an answer
Original conversation
User: here have been approximately thirty-three major contractions and expansions of the U.S. economy since 1854, each lasting from several months to several years. • During the Great Depression, economist John Maynard Keynes suggested that government monetary policies could be used to lessen the effects of contractions. • The later work of macroeconomist Milton Friedman established that it is important to control expansions in addition to moderating contractions. Previous economists such as John Maynard Keynes and Milton Friedman believed it was important to monitor and control economic fluctuations. Which statement about modern macroeconomists is true? A. Modern macroeconomists believe that the business cycle model is no longer valid for today's complex economy. B. Modern macroeconomists continue to study the business cycle in an attempt to prevent recessions and make the economy more stable. C. Modern macroeconomists have mastered the complexities of the business cycle and can now prevent recessions in the national economy. D. Modern macroeconomists agree that the business cycle is impossible to regulate and are seeking better methods of preventing recessions.

Weegy: What is your question please?
PrincessMel|Points 10|

User: here have been approximately thirty-three major contractions and expansions of the U.S. economy since 1854, each lasting from several months to several years. • During the Great Depression, economist John Maynard Keynes suggested that government monetary policies could be used to lessen the effects of contractions. • The later work of macroeconomist Milton Friedman established that it is important to control expansions in addition to moderating contractions. Previous economists such as John Maynard Keynes and Milton Friedman believed it was important to monitor and control economic fluctuations. Which statement about modern macroeconomists is true? A. Modern macroeconomists believe that the business cycle model is no longer valid for today's complex economy. B. Modern macroeconomists continue to study the business cycle in an attempt to prevent recessions and make the economy more stable. C. Modern macroeconomists have mastered the complexities of the business cycle and can now prevent recessions in the national economy. D. Modern macroeconomists agree that the business cycle is impossible to regulate and are seeking better methods of preventing recessions.

Weegy: What is your question please?
PrincessMel|Points 10|

User: Which statement about modern macroeconomists is true? A. Modern macroeconomists believe that the business cycle model is no longer valid for today's complex economy. B. Modern macroeconomists continue to study the business cycle in an attempt to prevent recessions and make the economy more stable. C. Modern macroeconomists have mastered the complexities of the business cycle and can now prevent recessions in the national economy. D. Modern macroeconomists agree that the business cycle is impossible to regulate and are seeking better methods of preventing recessions.

Question
Asked 7/1/2016 7:00:10 AM
Updated 74 days ago|11/8/2020 5:04:56 PM
1 Answer/Comment
New answers
Rating
3
Modern macroeconomists continue to study the business cycle in an attempt to prevent recessions and make the economy more stable is the true statement.
Added 74 days ago|11/8/2020 5:04:56 PM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Who proposed the first bank of the United States? A. Andrew Jackson B. Alexander Hamilton C. Thomas Jefferson D. James Madison
Weegy: Alexander Hamilton proposed the first bank of the United States. User: In economics, insufficient amounts of resources to meet the demand is called A. opportunity cost. B. scarcity. C. resource management. D. abundance. Weegy: In economics, insufficient amounts of resources to meet the demand is called scarcity. User: Banks perform all EXCEPT which of the following services? A. establish government programs B. issue mortgages for real estate C. store money safely D. loan money to people (More)
Question
Not Answered
Updated 7/25/2016 11:01:46 PM
1 Answer/Comment
Banks perform all EXCEPT establish government programs.
Added 7/25/2016 11:00:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [7/25/2016 11:01:50 PM]
33,117,557
questions answered
Popular Conversations
-4(2+8)
Weegy: -4|-4| User: 2(9-3) Weegy: 12*9-3 = 108-3 = 105.
1/13/2021 1:29:14 AM| 4 Answers
-7 N = 20
Weegy: -7 + N = 20 User: y - 12 = -10 Weegy: x + 5 = 2x User: y - 12 = -10 Weegy: x + 5 = 2x User: y + 1.05 = ...
1/15/2021 5:41:15 AM| 4 Answers
Which of the following measures tells something about the ...
Weegy: Data is a set of values of qualitative or quantitative variables; restated, data are individual pieces of ...
1/12/2021 3:12:14 PM| 3 Answers
Which phrase does not describe a mineral? A. Crystal structure ...
Weegy: The phrase which do not describe a mineral is organic solid. User: minerals containing iron are attracted bt ...
1/18/2021 8:40:01 AM| 3 Answers
If you blank to visit your grandmother, you should go now; visiting ...
Weegy: If you INTEND to visit your grandmother,you should go now,visiting hours will be ending soon. User: An essay ...
1/18/2021 6:25:02 PM| 3 Answers
Solve the following system of equations. 2x + y = 3 x = 2y - 1
Weegy: 2x + y = 3 User: Solve the following system of equations. 3x + 2y - 5 = 0 x = y + 10 Weegy: The solution ...
1/19/2021 9:23:23 AM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
R
P
R
Points 1005 [Total 4858] Ratings 0 Comments 895 Invitations 11 Offline
S
L
L
1
P
1
L
P
Points 716 [Total 11736] Ratings 5 Comments 666 Invitations 0 Online
S
L
1
Points 502 [Total 2934] Ratings 1 Comments 482 Invitations 1 Online
S
L
Points 497 [Total 3816] Ratings 0 Comments 497 Invitations 0 Offline
S
L
Points 316 [Total 1130] Ratings 0 Comments 316 Invitations 0 Offline
S
R
L
Points 249 [Total 866] Ratings 0 Comments 249 Invitations 0 Offline
S
L
Points 202 [Total 202] Ratings 0 Comments 202 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
Points 173 [Total 2719] Ratings 16 Comments 13 Invitations 0 Offline
S
L
Points 150 [Total 150] Ratings 0 Comments 150 Invitations 0 Offline
S
L
P
P
P
1
P
L
1
Points 126 [Total 9397] Ratings 1 Comments 116 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.