Robert Lucas spurred the rational expectations revolution in ________
A) the 1960s
B) the 1970s
C) the 2000s
D) the 1880s
B
Economics
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Stockholders receive returns on their financial investment in the form of ________ and ________.
A. coupon payments; capital gains B. interest payments; dividends C. capital gains; interest payments D. capital gains; dividends
Economics
At the point where consumption equals disposable income, the average propensity to consume equals 1
a. True b. False Indicate whether the statement is true or false
Economics
Demand is said to be ____ when the quantity demanded is very responsive to changes in price
a. independent b. inelastic c. unit elastic d. elastic
Economics
When actual investment exceeds intended investment, national income will grow
Indicate whether the statement is true or false
Economics