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

Author Question: Rational expectations imply a. markets always clear. b. that prices are sticky c. policy that ... (Read 39 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Rational expectations imply
 
  a. markets always clear.
  b. that prices are sticky
  c. policy that is unpredictable is irrelevant to economic outcomes.
  d. both a and c.
  e. None of the above.

Question 2

Based on the graph above, if the economy is at point 2, then (assuming no price shocks and no changes in actual and potential output) the inflation rate next period will be ________ percent.
 
  A) 5
  B) 3.5
  C) 4.5
  D) 4
  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

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


APUS57

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative
Reb blood cells get caught up in the sticky web of a blood clot Reb blood cells get caught up in the sticky web of a blood clot
This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Prisoners from the front (1866) established Winslow Homer's reputation for spare truthfulness. Prisoners from the front (1866) established Winslow Homer's reputation for spare truthfulness.
The "Yes - Markets Self-Adjust" and "No - Markets Fail Often" camps agree The "Yes - Markets Self-Adjust" and "No - Markets Fail Often" camps agree
Key foreign policy agencies Key foreign policy agencies
Video: Bone Healing Animation

For a complete list of videos, visit our video library