According to economists of the rational expectations school, _____.
a. the passive approach must be adopted because they believe the economy is too complex
b. individual forecasts about policies can never be right
c. anticipated monetary policy can affect the output level
d. discretionary policy can stabilize the economy
e. discretionary policy should be completely avoided
Question 2
Ms. Jones is a professor at a university. She strongly supports the rational expectations theory. She is likely to believe that the only time active policy has an impact on aggregate output is when:
a. an expansionary policy is implemented.
b. a recessionary policy is implemented.
c. policy changes are unannounced.
d. the economy has a recessionary gap.
e. the economy has an expansionary gap.
The experimental approach used by Masui and Markert to identify cyclin and cyclin-dependent kinase (
A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long
In a developmental systems approach, the emergence of social smiling at 6 to 8 weeks of age is not ...
School age (late childhood): 6–12 years, or to puberty.
Passive stretching enhances joint function.
The Nutritional Needs of School-Aged Children Can Be Guided by MyPlate