The rational expectations concept is most closely associated with
A. Keynesians.
B. Monetarists.
C. Supply-siders.
D. New classical macroeconomists.
D. New classical macroeconomists.
You might also like to view...
Which of the following are bank assets?
A) the building owned by the bank B) a discount loan C) a negotiable CD D) a customer's checking account
_________ tend to think about others and are less interested in self. They seek outside opinions
a. Introverts b. Extroverts c. Experts d. None of the above is correct
The marginal product is the incremental change in total output that can be obtained from the use of one more unit of an input in the production process, while varying all other inputs
a. True b. False Indicate whether the statement is true or false
Which of the following statements is false?
A) Government can remove individuals from a prisoner's dilemma setting and make them better off. B) In a prisoner's dilemma setting, it is impossible for the government to define and enforce property rights that the individuals involved in the setting want to have defined and enforced. C) As long as government charges each individual in a prisoner's dilemma setting a tax that is less than the gain received by being removed from the setting, then government has made the individuals better off. D) Depending upon the amount of the tax charged to each individual in a prisoner's dilemma setting, the government can make both persons better off, both persons worse off, or one person better off and the other person worse off.