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 37 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

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

The information coded in DNA The information coded in DNA
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
The science-based DRIs serve as the basis for information The science-based DRIs serve as the basis for information
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
The Definition of Intelligence (2 of 3) The Definition of Intelligence (2 of 3)
The Means and Extremes of a Proportion The Means and Extremes of a Proportion
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library