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Author Question: If expectations are rational, the difference between the actual inflation rate and the forecast for ... (Read 110 times)

waynest

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  • Posts: 553
on: Jun 30, 2018
If expectations are rational, the difference between the actual inflation rate and the forecast for inflation is:
 a. positive when inflation is increasing.
 b. negative when inflation is increasing.
 c. random.
 d. greater, the more accurately people anticipate the effects of government policy.

Question 2

Average growth of per capita GDP of the post-1980 globalizers increased from 1.4 percent per year in the 1960s to _____ percent in the 1990s.
 a. 6.4
  b. 5.0
  c. 3.5
  d. 7.8
  e. 2.9


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quynhmickitran

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


waynest

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  • Posts: 553
Reply 2 on: Jun 30, 2018
:D TYSM

vickyvicksss

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Reply 3 on: Yesterday
Excellent

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