Comparing and Contrasting: How were the Iives of Hayek and Keynes similar? What differences might have contributed to the
Offerences in their economic theories?
Analyzing: What impact did Keynes believe government spending could have during an economic downturn? Why did Hayek disagree?
Making Inferences: President Obama and Congressman Ryan disagree about the role of give in the economy. Which one seems moreinfluenced by Keynes? By Hayek?

Answers

Answer 1

1. The similarities in the life of Hayek and Keynes is based on the fact that both men were opposed to the method of empiricism to economics.

The similarities between Hayek and KeynesThey both disagreed to the use of observation solely as the source of economic knowledge.They agreed to intentionality and motivation.The differences in their economic theoriesHayek is known to have believed in the laissez faire system of economyKeynes believed in the intervention of the government in the economy.Keynes believed that increased money supply would cause the interest rate in the economy to fall.Hayek disagreed with this, he believed that this method would cause inflation in the economy because the interest rate would be too low

According to Keynes, in a period of economic downturn, an increase in government spending would help to stimulate the economy towards the path of recovery.

From a personal experience from his home country, Hayek disagreed because he believed that stimulating the economy would lead to market distortions in the long run.

President Obama is more influenced by Keynes given his comments on creation of more infrastructure in order to put people to work.

Ryan is more influenced by Hayek because he is more on how people can be free from depending on the government.

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Related Questions

Was queen victoria a trusted advisor or a good listener?

Answers

Answer:

Indeed, the Victorian era would become one of the most iconic eras in history. ... In the end, the Victorian era, in all its good and bad, was a turning point in Britain's history. During her reign, Queen Victoria helped changed Britain for the better, paving the way for modern Britain.

Explanation:

If, after conditioning has taken place, a series of trials is presented in which the conditioned stimulus (CS) is presented but is not followed by the unconditioned stimulus (US), ____ will occur. Group of answer choices

Answers

The next thing that  would occur after conditioned stimulus (CS) is presented but is not followed by the unconditioned stimulus (US) is:

Extinction

What is Stimulus?

This refers to the change in the environment of an organism which leads to a functional reaction.

As a result of this, we can note that if a conditioned stimulus (CS) is presented but is not followed by the unconditioned stimulus (US), thern the next thing that will take place is extinction.


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Use textual evidence to make three inferences about how interacting with Cherry has changed Ponyboy’s point of view about the Greasers and the Socs. [83 POINTS]

Answers

Answer:

Explanation:

ill try to help as best as I can!

In The Outsiders, Ponyboy's opinion of the Socs changes by the end of the story because he begins to see that they do not have the perfect lives he's always imagined. By talking to Cherry and Randy, Pony gains a new understanding and realizes that "things are rough all over," just as Cherry had told him.

Martha Washington's promotion of democratic values as America's original first lady also proved her worthy of the name "Mother of America." She realized that the way she treated the role of first lady would set precedents for future women. Martha had to figure out how to create an atmosphere that reflected democracy and commanded respect from the rest of the world. To accomplish this, she held a reception once a week where different people could enjoy refreshments and exchange ideas. Unlike other events, Martha's reception was representative of democracy, as it was open to different groups of people, including both men and women. Overwhelming respect for Martha led to others calling her "Lady Washington." Despite praise for her work, Martha disliked the restrictions put on her as the first lady and missed her son. In spite of these concerns, Martha did her duty and remained to support the president and her country. Her role in defining America's first lady—the figurative "Mother of America"—was invaluable.


Indeed, Martha Washington's roles as first lady and general's wife revealed her nurturing nature and her promotion of democratic values, making her a prime candidate for the honorable title "Mother of America."


What reason does the author use to support the point that Martha Washington should be considered the "Mother of America"?


Her ability to command respect and love from the rest of the world

Her desire to include both women and men equally in meetings

Her love for her son, her husband, her family, and her country

Her promotion of democratic values as America's original first lady

Answers

Answer:

C true me!it work for me!

Answer: A

Explanation:  

Her promotion of democratic values as America's original first lady

(PLEASE HELP!!!) What are the Rome characteristics of a civilization​

Answers

Answer: skilled in administration, organization, and engineering

Explanation:

What document is the basic law of the land ?

Answers

Answer:

The U.S. Constitution is the nation's fundamental law. It codifies the core values of the people.

Explanation:

:)

Explain how the key to jefferson's cipher was constructed.

Answers

Use Socratic tht should give you the answer big dawg

When publishing to Pinterest from Hootsuite, you must include a photo and a _______. Review Later link caption scheduled time target audience

Answers

It is important to include a photo and a caption when publishing to Pinterest from Hootsuite.

What is Hootsuite and Pininterest?

The Hootsuite is a social platform for managing a social media account while the Pininterest is an image sharing social media service designed to enable saving of images online,

However, it is important to include a photo and a caption when publishing to Pinterest from Hootsuite.

Read more about Hootsuite

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In the United States, most of those who are convicted of felonies are defended by court-appointed lawyers. This is an example of a barrier to equal legal treatment based on

Answers

Answer:

In the United States, most of those who are convicted of felonies are defended by court-appointed lawyers. This is an example of a barrier to equal legal treatment based on income

Explanation:

Hope this helps

In the United States, most of those who are convicted of felonies are defended by court-appointed lawyers. This is an example of a barrier to equal legal treatment based on income.

What is the meaning of Income?

Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Income is challenging to conceptually define.

The amount of money, property, and other transfers of the value obtained over a predetermined period in return for services or goods are often referred to as "income." Financial income is the profit made through short-term investments and marketable securities made using temporary excess cash.

Rent, salaries, interest, and profit thus make up the household's income. Using the means of production, businesses create products and services that are offered to the household markets. The income of the companies sector is made up of the money that the household sectors pay for these goods and services.

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#SPJ2

Vocal qualities such as speed, pitch, and volume are considered nonverbal aspects of communication. True False

Answers

Answer:

maybe i do know maybe i don't

Explanation:

Answer: Its true

Explanation:  Not sure if you still need it but that other person wasn't so helpful.

what is literacy rate?why is the literacy rate of town more than that of village?​

Answers

Answer:

A population with a low literacy rate is less likely to have access to health education, which would be used to develop preventative health practices. A population with a low literacy rate usually performs unskilled labor for low wages and therefore has less income and access to healthcare. A nation with a low literacy rate is also less likely to have a stable government with the economic resources to provide infrastructure, sanitation, and healthcare. Finally, a population with a low literacy rate is more likely to have a rapidly growing population. This contributes to the spread of disease because it is harder for the government to provide adequate healthcare services to exploding populations.

What is the name of the large body of water surrounded by europe, africa, and asia?.

Answers

Answer:

Mediterranean Sea

Explanation:

Read the passage, then use context clues to infer the meanings of the underlined words.

Use the drop-down menus to select the correct meanings.

Turbulent means
.

Serene means
.

Ballast is
.
15 points for whoever answers. brainliest for whoever gets it right.

Answers

Turbulent: unstable, chaotic

Serene: calm, peaceful, tranquil

Ballast: heavy material (gravel, sand, iron or lead) that is used to provide stability to something.

Answer:

Turbulent means: violent

Serene means: calm

Ballast is: something that helps balance a ship

Explanation:

Ship captains do what they can to avoid turbulent weather. Rough, stormy seas can threaten ships, which is why captains avoid them and favor serene conditions.

Stormy seas cannot always be avoided, however. In that case, a ship’s ballast—heavy material that is located in the bottom of a ship and acts as a stabilizer—is essential.

What is the waxy layer that covers a leaf? dermis
phloem
xylem
cuticle​

Answers

Answer:

[tex]\huge\boxed{\text{cuticle}}[/tex]

Explanation:

While it is the epidermis that produces this layer, the layer itself is called the "cuticle."

Hope it helps :) and let me know if you want me to elaborate.

During the problem formulation stage of research, a research problem might be found unacceptable for study because:

Answers

It should be noted that research problem might be found unacceptable for study because:

Failure to generate ideas.Failure to identity the quality of a good research topic.Failure to turn ideas into the research objective and question,

What is research problem?

Making a research problem always help one to make a purpose of one's study clear to oneself and target readers.

Therefore, during the problem formulation stage of research, ideas can be generated.

Learn more about research at:

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Which party formed the government in 2019?

Answers

Answer:

The Liberals under Justin Trudeau

Explanation:

______ is the act of expressing oneself and behaving in ways designed to create a favorable impression.

Answers

Answer: Self-presentation.

Which 15 modern-day states were entirely or partially included in the Louisiana Purchase?

Answers

Answer:

The Louisiana purchase states included the entirety of Iowa, Arkansas, Kansas, Missouri, Oklahoma, Nebraska, large areas of North Dakota and South Dakota, areas of Wyoming, Montana, and Colorado east of the continental divide, a portion of Minnesota, west of the Mississippi River, the northern portions of Texas, the northeastern part of New Mexico, New Orleans and areas of the present-day state of Louisiana west of the Mississippi River and small portions of the Canadian provinces of Alberta and Saskatchewan.

Explanation:

According to Maslow, which of the following would be the best example of someone behaving in a way that indicates a need to obtain aesthetic fulfillment? A. A girl listing all the reasons she is not too young to start wearing makeup B. A girl practicing extra hours for the upcoming softball game C. A boy researching possible reasons his dog is sneezing D. A boy volunteering in the hope that it will look good on his college application.

Answers

Answer:

A. A girl listing all the reasons she is not too young to start wearing makeup

Explanation:

got it right on the test!

Answer:

Answer A. is correct

Explanation:

Frederick jackson turner’s ""frontier hypothesis"" focused on the importance of:.

Answers

Answer:

a tradition of wastern European culture

What issue led to the dissolution of andrew jackson’s cabinet?.

Answers

Answer:

The Eaton Affair, sometimes insultingly called the “Petticoat Affair"

Explanation:

Most people's actions on the sports field are similar to their actions in everyday life. please select the best answer from the choices provided. t f

Answers

Answer:

I know I'm Late but T

Explanation:

Answer:

True

Explanation:

Susan is a flight attendant for a large airline. She exclusively works a long flight from Chicago to Vienna, and is expected to constantly maintain a positive attitude no matter what situation arises. Over the years, Susan has noticed that when dealing with Americans, their emotions tend to run higher in stressful situations, as opposed to Austrian passengers who tend to be more reserved in stressful or unhappy situations, and she often feels frustrated. The difference Susan experiences between her American clients and her Austrian clients is mainly due to

Answers

The difference Susan experiences between her American clients and her Austrian clients is mainly due to

Display Norms

What are Display Norms?

This refers to the display of emotions which people from a certain culture has in response to particular situations.

With this in mind, we can see that as a result of display norms, Susan, the flight attendant feels frustrated with American passengers who tend to show more emotions during high stress situations when compared to Austrian passengers.

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In the United States, the objections of Native American groups to the excavation of indigenous burials has become recognized in a law that is called

Answers

Answer:

It is called the Native American Graves Protection and Repatriation Act


i need help i honestly can’t understand this i have adhd

Answers

Answer:

#6. 2, An agreement between France, Germany, and the U.S. regarding access to ports all along the coast of China.

#7. 3, Open Door Policy

Explanation: The other answer choices are untrue

Psychology is formally defined as: Group of answer choices the treatment of mental illness. the scientific study of behavior and mental processes. the study of human problems the scientific investigation of unconscious mental processes

Answers

Answer:

wow, you so smart, unlike me

Explanation:

Individuals who suffer from a mental disorder are most likely to commit violent crimes. please select the best answer from the choices provided t f

Answers

Answer:

The answer should be True. We have seen it where indvauls with personailty disorders become killers and such.

Explanation:

Hope this helps

Have a great day

~Zero~

Answer:

Answer is F

Explanation:

How were the cities administrated in the magdha empire

Answers

Answer:

ENGLISH:

Magadha was a hereditary monarchy based in what is today the state of Bihar in northeastern India. Its standing army, well-paid civil servants, and efficient, decentralized administrative system were so successful that several Magadhan kings, notably the founders of the Maurya

SPANISH:

Magadha era una monarquía hereditaria con sede en lo que hoy es el estado de Bihar en el noreste de la India. Su ejército permanente, funcionarios públicos bien pagados y un sistema administrativo eficiente y descentralizado tuvieron tanto éxito que varios reyes de Magadhan, en particular los fundadores de Maurya.

Hope it helps.

Keiji is an exchange student from Japan. His American friends have noticed that he sometimes responds differently to movies. According to the display rules set by his culture, which expressions of emotion is he most likely to display under the following circumstances?

Answers

The expressions of emotion is he most likely to display are: If Keiji is watching a comedy movie with his American friends, reaction will be more reserved.

Expression of emotion

Likely display of Emotion:

If he is watching a comedy movie with his friends, reaction will be more reserved.If he watching a gruesome movie with his friends, his facial expression will be  less negative emotion than his friends.When watching a gruesome film alone his reaction will be the same with that of his American friends.

Unlikely Display of Emotion

When watching a funny movie alone he will will hold back his laughter just as when he watching with his American friends.

Inconclusion the expressions of emotion is he most likely to display are: If Keiji is watching a comedy movie with his American friends, reaction will be more reserved.

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Which was a reason the united states claimed the oregon country?.

Answers

Hope it helps (⌒▽⌒)(⌒▽⌒)

The Oregon Country was claimed by three different countries in the early 1800s. The Oregon Country was important to Americans because they wanted access to the gold fields in California. The Oregon Trail started in Missouri and ended near the Columbia River.
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