In the rational expectations model, only unexpected or unpredictable changes cause unemployment to ...

Author Question: In the rational expectations model, only unexpected or unpredictable changes cause unemployment to ... (Read 52 times)

Melani1276

Hero Member
Posts: 516

on: Jun 30, 2018

In the rational expectations model, only unexpected or unpredictable changes cause unemployment to deviate from its natural rate.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In which of the following countries are taxes (measured as a percentage of GDP) the lowest?
a. Canada.
b. France.
c. Sweden.
d. The United States.

Kdiggy

Sr. Member
Posts: 340

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

d

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.