If expectations are rational, the difference between the actual ...

[waynest]

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

[quynhmickitran]

Answer to Question 1

c

Answer to Question 2

b

[waynest]

Thanks for the timely response, appreciate it

[bassamabas]

TYSM