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Author Question: Assume individuals consider only the medium run effects of changes in future macro variables when ... (Read 52 times)

dmcintosh

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on: Jun 30, 2018
Assume individuals consider only the medium run effects of changes in future macro variables when forming expectations of future output and future interest rates. Suppose individuals expect the central bank to pursue a monetary expansion in the future. Given this information, we know with certainty that
 
  A) current output and the current interest rate will both increase.
  B) current output will decrease.
  C) the current interest rate will decrease.
  D) the current output effects are ambiguous.
  E) current output will not change.

Question 2

The Current Population Survey interviews approximately how many households each month?
 
  A) 5,000
  B) 10,000
  C) 60,000
  D) 100,000


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joneynes

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

E

Answer to Question 2

C


dmcintosh

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Reply 2 on: Jun 30, 2018
Excellent

dreamfighter72

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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