This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Critics of rational expectation theory believe: a. most people are truly not very informed about ... (Read 67 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
Critics of rational expectation theory believe:
 a. most people are truly not very informed about the effects of a policy change.
 b. most people do not adjust their behavior very rapidly to changes in government policies, in part because they are not informed about the effects of policy changes.
  c. that wages and prices are not as flexible as the rational expectation theory assumes.
 d. all of the above.

Question 2

The deleveraging of financial institutions led to the financial crisis of 2007-2008 sometimes also referred to as the _____.
 a. stock crisis
  b. debt crisis
  c. stock market bubble
  d. bank run
  e. credit crisis


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
:D TYSM

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Swanson’s Theory of Caring Swanson’s Theory of Caring
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
The social movement that centers on the environment has become global. In all nations, people are ... The social movement that centers on the environment has become global. In all nations, people are ...
Informed Voluntary Consent Informed Voluntary Consent
Sternberg's theory postulates three components of love Sternberg's theory postulates three components of love
Famous People with Parkinson's Disease Famous People with Parkinson's Disease
Video: Requirements for nervous signals

For a complete list of videos, visit our video library