This topic contains a solution. Click here to go to the answer

Author Question: According to the rational expectation view, the government can change real output: a. with ... (Read 67 times)

khang

  • Hero Member
  • *****
  • Posts: 569
According to the rational expectation view, the government can change real output:
 a. with appropriate, well-publicized fiscal and monetary policies.
 b. with appropriate, well-publicized fiscal and monetary policies in the short run, but not in the long run.
  c. only by making unexpected changes in aggregate demand.
 d. without ever affecting the price level.

Question 2

Which of the following is one of the main reasons why China has recently received large amounts of foreign direct investment?
 a. The prospect that multinational firms have of selling to the massive Chinese market
  b. The lack of environmental standards under the communist government of China
  c. The prospect of using forced child labor for cheaper production in this country
  d. The relative strength of the Chinese currency, which makes any investment there worthwhile
  e. The advanced southeast Asian highway system, which makes transportation extremely efficient



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

c

Answer to Question 2

a





 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

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?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library