Author Question: Taxes impose a cost on letting land remain idle. Indicate whether the statement is true or ... (Read 65 times)

bobthebuilder

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Taxes impose a cost on letting land remain idle.
 
  Indicate whether the statement is true or false

Question 2

The theory of rational expectations states that
 
  a. expected inflation will be no different from actual inflation, on average.
  b. expectations are based on all possible information.
  c. individuals always act optimally.
  d. expected inflation will be lower than actual inflation.



hollysheppard095

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Answer to Question 1

True

Answer to Question 2

A



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