The rational expectations hypothesis is impeccably logical, but inconsistent with the facts
a. True
b. False
Indicate whether the statement is true or false
True
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What is the total demand for goods and services in an entire economy called?
A) supply and demand B) GDP demand C) aggregate demand D) consumer demand
In the United States, why are cartels among firms usually kept secret?
What will be an ideal response?
What role do non-monetary considerations play in physical capital investment decisions as opposed to human capital investment decisions?
a. they play a minor to nonexistent role in both. b. they play an equally important role in both. c. they are probably more important in physical capital investment decisions. d. they are probably more important in human capital investment decisions.
Some economists believe that government bailouts privatize the benefits of doing business and socialize the costs, leading to more companies needing to be bailed out
Indicate whether the statement is true or false