If people assume that future rates of inflation will follow the pattern of inflation rates in the past, they are said to have
A) rational expectations. B) accommodative expectations.
C) unstable expectations. D) adaptive expectations.
Question 2
Ceteris paribus, in the long run, a negative supply shock causes
A) the long-run aggregate supply curve to shift to the left.
B) unemployment to fall below its short-run level.
C) equilibrium real GDP to fall.
D) the price level to rise initially, and then return to its lower level.
Child Labor Rates and GDP Worldwide
Children with autism generally prefer interacting with objects over people.
The social movement that centers on the environment has become global. In all nations, people are ...
Erythematous rash in Lyme disease in the pattern of a "bull's-eye" at the site of ...
People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Post-term birth rates, by province/territory, Canada