Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer and explain your answer correctly. I will rate accordingly with multiple votes. Answer only if 100% sure and fast answer please. A difference between

Answer and explain your answer correctly. I will rate accordingly with multiple votes. Answer only if 100% sure and fast answer please.

A difference between Austrian Business Cycle Theory and the Keynesian Theory is that ABCT considers the interest rate to be a price that coordinates the inter temporal (time) market, while Keynesianism believes there is no means of coordinating savings and investment.

Group of answer choicesTrueFalse

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

7th edition

8131725995, 8131725993, 978-8131725993

More Books

Students also viewed these Economics questions

Question

1. Avoid conflicts in the relationship

Answered: 1 week ago

Question

1. What will happen in the future

Answered: 1 week ago