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Author Question: A numeraire is A) an average good. B) a tax levied on each consumer. C) a good used as a unit ... (Read 131 times)

eruditmonkey@yahoo.com

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on: Jun 30, 2018
A numeraire is
 
  A) an average good.
  B) a tax levied on each consumer.
  C) a good used as a unit of account.
  D) an optimal bundle of goods.

Question 2

If expectations about inflation are adaptive, they are ________.
 
  A) formed by looking at the future
  B) likely to change rapidly
  C) based on past inflation
  D) all of the above
  E) none of the above


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juicepod

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

C

Answer to Question 2

C


eruditmonkey@yahoo.com

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  • Posts: 546
Reply 2 on: Jun 30, 2018
Excellent

billybob123

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

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