« previous next »

Author Question: According to rational expectations theory, monetary policy will affect output only if it is A) ... (Read 47 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 30, 2018
According to rational expectations theory, monetary policy will affect output only if it is
 
  A) anticipated.
  B) unanticipated.
  C) a very large change.
  D) a very small change.
  E) a policy that has been tried in the past.

Question 2

Most economists would agree that, unless it incorporates rational expectations or something like it, a model cannot account for
 
  A) the Great Depression.
  B) shifts in aggregate supply.
  C) the relationship between consumption and income.
  D) the stagflation of the 1970s.
  E) the different initial impact of a permanent versus a temporary policy change.


at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ... The major cortical input and output pathways of the dorsolateral prefrontal association cortex. ...
Rational design of neuraminidase inhibitors Rational design of neuraminidase inhibitors
Solar output Solar output
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
Video: Properties of water -structure of water and polarity (Ionized and polar compounds)

For a complete list of videos, visit our video library