The theory that people will expect fiscal and monetary policies to have certain effects and that they will take actions that make these policies ineffective is the
A. accelerating inflation theory.
B. adaptive expectations theory.
C. rational expectations theory.
D. quantity theory of money.
C. rational expectations theory.
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Inflation can be started by
A) a decrease in aggregate supply or a decrease in aggregate demand. B) a decrease in aggregate supply or an increase in aggregate demand. C) an increase in aggregate supply or an increase in aggregate demand. D) an increase in aggregate supply or a decrease in aggregate demand. E) an increase in aggregate demand or an increase in potential GDP.
How do Canada and the United Kingdom deliver healthcare and what is the problem left unresolved?
What will be an ideal response?
Usury laws first originated in the United States in the 1970s in response to high market interest rates
Indicate whether the statement is true or false
Which of the following statements is true regarding the costs associated with owning and operating an automobile?
What will be an ideal response?