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Author Question: If rational expectations cause people's price expectations to be generally correct, active policy ... (Read 101 times)

MGLQZ

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on: Jun 30, 2018
If rational expectations cause people's price expectations to be generally correct, active policy will influence the price level but not output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

As long as wage increases do not exceed labor productivity growth rates, a stable price level should be the result.
 a. True
  b. False
  Indicate whether the statement is true or false


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Andromeda18

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

True

Answer to Question 2

True


MGLQZ

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Reply 2 on: Jun 30, 2018
Excellent

olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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