Author Question: One way to overcome the problem of time inconsistency is to a. legislate policy rules. b. grant ... (Read 72 times)

bclement10

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One way to overcome the problem of time inconsistency is to
 
  a. legislate policy rules.
  b. grant policymakers independence..
  c. appoint policy makers with credibility.
  d. both a and c.
  e. all of the above.

Question 2

Population growth is similar to depreciation, in that ________.
 
  A) each lowers the capital-labor ratio
  B) each tends to encourage saving
  C) capital wears out faster when used by more workers
  D) each helps to explain how economies can sustain a positive growth rate of output



Ahernandez18

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Answer to Question 1

E

Answer to Question 2

A



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