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

Author Question: All available information in the definition of rational expectations means that a. agents use all ... (Read 38 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
All available information in the definition of rational expectations means that
 
  a. agents use all possible information that could be out there.
  b. agents use all possible public information that could be out there.
  c. agents use all information that is relevant.
  d. agents use all information that is available in which the marginal benefits of the information are greater than the marginal costs of gathering the information.

Question 2

Time inconsistency is a problem when policymakers
 
  a. have no flexibility in setting policy.
  b. follow inflexible rules.
  c. have discretion in their policy responses to changes in economic conditions.
  d. does not follow the Taylor rule.
  e. none of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Comparing Traditional and Industrialized (and Information) Societies Comparing Traditional and Industrialized (and Information) Societies
Direct-Acting Cholinergic Agnostic Agents Direct-Acting Cholinergic Agnostic Agents
Agents Used in the Treatment of Diabetes Mellitus Agents Used in the Treatment of Diabetes Mellitus
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
Environmental DNA-damaging agents Environmental DNA-damaging agents
The Definition of Intelligence The Definition of Intelligence
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library