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Author Question: Rational expectations are more accurate than adaptive expectations, ________. A) on average B) ... (Read 138 times)

LaDunn

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on: Jun 30, 2018
Rational expectations are more accurate than adaptive expectations, ________.
 
  A) on average
  B) always
  C) because they require less information
  D) except when policies have changed

Question 2

A 10 million open market purchase will increase the monetary base by
 
  A) 10 million.
  B) 10 million times the money multiplier.
  C) 10 million divided by the money multiplier.
  D) an amount between 0 and 10 million, depending on the fraction of the purchase the public wishes to hold as currency.


Mollythedog

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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