« previous next »

Author Question: If people assume that future rates of inflation will follow the pattern of inflation rates in the ... (Read 178 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 29, 2018
If people assume that future rates of inflation will follow the pattern of inflation rates in the past, they are said to have
 
  A) rational expectations. B) accommodative expectations.
  C) unstable expectations. D) adaptive expectations.

Question 2

Ceteris paribus, in the long run, a negative supply shock causes
 
  A) the long-run aggregate supply curve to shift to the left.
  B) unemployment to fall below its short-run level.
  C) equilibrium real GDP to fall.
  D) the price level to rise initially, and then return to its lower level.


efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Earthquakes Don’t Kill People—Collapsing Buildings Do Earthquakes Don’t Kill People—Collapsing Buildings Do
Cesarean Section Rates, Selected Countries Cesarean Section Rates, Selected Countries
Faith Ringgold, God Bless America, No. 13 from the series American People. Faith Ringgold, God Bless America, No. 13 from the series American People.
Both the top and bottom pattern have the same frequency. However, the amount of on-time varies. Both the top and bottom pattern have the same frequency. However, the amount of on-time varies.
People with binge eating disorder often eat in secret People with binge eating disorder often eat in secret
People with normal color vision see the number 29 in the chart; however, those who are color-blind c People with normal color vision see the number 29 in the chart; however, those who are color-blind c
Video: Immune responses Animation

For a complete list of videos, visit our video library