This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The tendency to deviate from sound long-run plans in the short-run is known as ________. A) the ... (Read 42 times)

audie

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
The tendency to deviate from sound long-run plans in the short-run is known as ________.
 
  A) the failure of adaptive expectations
  B) the failure of rational expectations
  C) the time inconsistency problem
  D) the NIMBY, or not in my backyard problem

Question 2

Why did banks increase their holdings of excess reserves during the Financial Crisis of 2007-2009?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Given the historically high level of uncertainty in the financial system, many banks wanted to increase their liquidity. Also, the Fed started to pay interest on excess reserves.


audie

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
:D TYSM

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

How long does it take you to see the circles? How long does it take you to see the circles?
The relation between the physical and perceptual dimensions of sound. The relation between the physical and perceptual dimensions of sound.
Brush off front to finish. Long brushing strokes from head to feet to finish. Brush off front to finish. Long brushing strokes from head to feet to finish.
Long division for polynomials Long division for polynomials
A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ... A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ...
Video: Acids and bases - definition

For a complete list of videos, visit our video library