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Author Question: When all relevant information is used to forecast inflation, the resulting forecast is called A) ... (Read 136 times)

karen

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When all relevant information is used to forecast inflation, the resulting forecast is called
 
  A) a rational expectation.
  B) a natural expectation.
  C) an expected forecast.
  D) an expansionary expectation.
  E) the expected expectation.

Question 2

In the short run, lowering the federal funds rate shifts the aggregate demand curve ________ so that real GDP ________ and the price level ________.
 
  A) leftward; decreases; rises
  B) rightward; increases; rises
  C) rightward; decreases; rises
  D) leftward; decreases; falls
  E) rightward; increases; falls



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ngr69

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Answer to Question 1

A

Answer to Question 2

B




karen

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


kilada

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Reply 3 on: Yesterday
Excellent

 

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