Author Question: If households have information that monetary policy is likely to change in the future, that ... (Read 61 times)

newyorker26 · **on:** Jun 30, 2018

If households have information that monetary policy is likely to change in the future, that information will play a role in forming ________.

A) adaptive expectations
B) rational expectations
C) tertiary expectations
D) non-adaptive expectations

Question 2

A government deficit occurs when

A) the government spends more than what it gets in taxes.
B) public goods are worth less than what was paid for them.
C) a government loses an election.
D) the government still has Treasury bonds to reimburse.