Author Question: Rational expectations theory is the concept that only unanticipated or surprise policies can ... (Read 13 times)

TVarnum · **on:** Jun 30, 2018

Rational expectations theory is the concept that only unanticipated or surprise policies can influence inflation.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The consumer price index (CPI) is a number that measures movements in the average (general) level of prices.
a. True
b. False
Indicate whether the statement is true or false