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Author Question: The time-inconsistency problem involves the ________. A) difficulties of traveling across time ... (Read 20 times)

vHAUNG6011

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on: Jun 30, 2018
The time-inconsistency problem involves the ________.
 
  A) difficulties of traveling across time zones
  B) tendency to deviate from good long-run plans in the short-run
  C) use of adaptive expectations in building an economic model
  D) time lag between the implementation of policy and its ultimate and complete results

Question 2

Limit commitment occurs when
 
  A) collateral is required to get a loan.
  B) one cannot borrow as much as necessary to conduct business.
  C) one cannot be forced to repay a loan.
  D) the bank can sell your loan to another bank.


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Kedrick2014

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

B

Answer to Question 2

C


vHAUNG6011

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

abro1885

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Reply 3 on: Yesterday
Excellent

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