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Author Question: Rational expectations imply a. markets always clear. b. that prices are sticky c. policy that ... (Read 49 times)

APUS57

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on: Jun 30, 2018
Rational expectations imply
 
  a. markets always clear.
  b. that prices are sticky
  c. policy that is unpredictable is irrelevant to economic outcomes.
  d. both a and c.
  e. None of the above.

Question 2

Based on the graph above, if the economy is at point 2, then (assuming no price shocks and no changes in actual and potential output) the inflation rate next period will be ________ percent.
 
  A) 5
  B) 3.5
  C) 4.5
  D) 4
  E) none of the above


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polinasid

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


APUS57

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kilada

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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