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Author Question: Is there any risk involved in using fiat money? How can it be minimized? What will be an ideal ... (Read 15 times)

geoffrey

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Is there any risk involved in using fiat money? How can it be minimized?
 
  What will be an ideal response?

Question 2

The rational expectations hypothesis is a theory that states that
 
  A) people make their economic plans by using all available past and present information and their understanding about how the economy operates.
  B) individuals can predict the future perfectly, at least with respect to macroeconomic variables like the interest rate and inflation.
  C) people make their economic plans in an irrational, intuitive manner.
  D) people make their economic plans by relying on the policy statements made by the President and by leaders in Congress.


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bimper21

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geoffrey

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


isabelt_18

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Reply 3 on: Yesterday
:D TYSM

 

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