This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: All available information in the definition of rational expectations means that a. agents use all ... (Read 63 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
All available information in the definition of rational expectations means that
 
  a. agents use all possible information that could be out there.
  b. agents use all possible public information that could be out there.
  c. agents use all information that is relevant.
  d. agents use all information that is available in which the marginal benefits of the information are greater than the marginal costs of gathering the information.

Question 2

Time inconsistency is a problem when policymakers
 
  a. have no flexibility in setting policy.
  b. follow inflexible rules.
  c. have discretion in their policy responses to changes in economic conditions.
  d. does not follow the Taylor rule.
  e. none of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

The information coded in DNA The information coded in DNA
Chemical Warfare Agents and Treatments Chemical Warfare Agents and Treatments
Mechanism of action of the alkylating agents Mechanism of action of the alkylating agents
How to solve any rational equation by finding the lowest common denominator (Part 2) How to solve any rational equation by finding the lowest common denominator (Part 2)
Dopaminergic agents Dopaminergic agents
The flow of genetic information The flow of genetic information
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library