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

Author Question: The tendency to deviate from sound long-run plans in the short-run is known as ________. A) the ... (Read 54 times)

audie

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
The tendency to deviate from sound long-run plans in the short-run is known as ________.
 
  A) the failure of adaptive expectations
  B) the failure of rational expectations
  C) the time inconsistency problem
  D) the NIMBY, or not in my backyard problem

Question 2

Why did banks increase their holdings of excess reserves during the Financial Crisis of 2007-2009?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Given the historically high level of uncertainty in the financial system, many banks wanted to increase their liquidity. Also, the Fed started to pay interest on excess reserves.


audie

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
Gracias!

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Auscultation. The stethoscope is pressed against the body wall to listen for sound waves associated Auscultation. The stethoscope is pressed against the body wall to listen for sound waves associated
Associative Long-Term Potentiation Associative Long-Term Potentiation
How We Localize Sound How We Localize Sound
How Long Does Poverty Last? How Long Does Poverty Last?
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library