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

Author Question: Asymmetric information is: A) information revealed by economic agents turns out to be wrong. B) ... (Read 73 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
Asymmetric information is:
 
  A) information revealed by economic agents turns out to be wrong.
  B) inflation forecasts are systematically to high or too low.
  C) some economic agents have more information than others.
  D) the government knows less about the economy than households and firms.

Question 2

Maryanne expects to work for another 30 years and expects to live another 10 years after she retires.
 
  If Maryanne completely smooths consumption over her lifetime, for every 1,000 increase in disposable income, she will use ________ for consumption each year. A) 100
  B) 333
  C) 667
  D) 750


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
economic question economic question
economic question economic question
economic question economic question
Locate the following places by reference number on the map:Key Locales of Political, Economic, ... Locate the following places by reference number on the map:Key Locales of Political, Economic, ...
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library