This topic contains a solution. Click here to go to the answer

Author Question: Critics of rational expectation theory believe: a. most people are truly not very informed about ... (Read 113 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
Critics of rational expectation theory believe:
 a. most people are truly not very informed about the effects of a policy change.
 b. most people do not adjust their behavior very rapidly to changes in government policies, in part because they are not informed about the effects of policy changes.
  c. that wages and prices are not as flexible as the rational expectation theory assumes.
 d. all of the above.

Question 2

The deleveraging of financial institutions led to the financial crisis of 2007-2008 sometimes also referred to as the _____.
 a. stock crisis
  b. debt crisis
  c. stock market bubble
  d. bank run
  e. credit crisis



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

d

Answer to Question 2

e




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
:D TYSM


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library