Which of the following groups believes that government policy is undermined by people's incorporation of the anticipated consequences of the policy into their present decisions?
a. Classical school.
b. Keynesian school.
c. Neo-Keynesian school.
d. Rational expectations school.
e. Supply-side school.
d
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For a whole life policy, the policy holder pays
A) premiums based on current interest rates. B) a constant premium. C) premiums that vary with mortality risk. D) constantly declining premiums.
Under the list policies of England, primary production was encouraged while production in manufacturing was discouraged in colonial America
Indicate whether the statement is true or false
One of the factors important to game theory is that firms act ______.
a. in a way to minimize damage from their competitors b. in a way to maximize the bandwagon effect c. together to achieve the same outcome as a monopolist d. together to control important inputs to their industries
If you grant that the long-term benefits of Head Start are in doubt and focus, instead, on the short-term benefits, you find that
A. children in Head Start are more likely to need special education classes. B. children in Head Start are less likely to repeat first or second grade. C. Head Start has no effect there either. D. Head Start children do much worse in Kindergarten.