« previous next »

Author Question: Under a market system, the people with information about buyers' desires, production technology and ... (Read 101 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Under a market system, the people with information about buyers' desires, production technology and resources make the decisions.
 
  Indicate whether the statement is true or false

Question 2

Under the rational expectations hypothesis, if wages adjust rapidly to new information about intended policy actions, monetary policy can have an effect
 
  A) in the long run, but not the short run.
  B) only in the short run and only if the policy is unanticipated.
  C) in both the short and the long run.
  D) only in the long run and only if the policy is fully anticipated.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


akudia

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

The Solar System The Solar System
Unhappy people Unhappy people
Typical components of software for a practice management system (PMS). Typical components of software for a practice management system (PMS).
Vocational interests seem to be established well before adulthood, and young people of all ages ... Vocational interests seem to be established well before adulthood, and young people of all ages ...
The digestive system. The digestive system.
Development of the Integumentary System Development of the Integumentary System
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library