Author Question: The idea of rational ignorance implies that people are fully informed about their market purchases ... (Read 44 times)

nenivikky · **on:** Jun 30, 2018

The idea of rational ignorance implies that people are fully informed about their market purchases but uninformed about political issues.
a. True
b. False
Indicate whether the statement is true or false

Question 2

What is a currency board?
a. A fixed exchange rate that, by law, exchanges domestic currency for a specified foreign currency at a fixed exchange rate.
b. A floating exchange rate.
c. A managed floating exchange-rate policy that the government adjusts periodically according to some economic indicator.
d. A laissez-faire exchange-rate policy.
e. An interventionist exchange-rate policy.