________ rational expectations, ________. A) Most people have ...

[schs14]

________ rational expectations, ________.
 
  A) Most people have always formed; but macroeconomists have only recently come to recognize this fact
  B) Macroeconomists have invented; and are trying to teach them to the general public
  C) Policy makers have devised; in search of more effective policies
  D) The latest information is an important input in; so most people must make do with adaptive expectations

Question 2

At any point along the LM curve,
 
  A) the quantity of money demanded equals the quantity of money supplied.
  B) the economy must be in general equilibrium.
  C) the nominal interest rate must equal the real interest rate.
  D) saving must equal investment.

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Answer to Question 1

A

Answer to Question 2

A

[schs14]

Excellent

[Dominic]

Thanks for the timely response, appreciate it