Author Question: Rational expectations theory rejects the concept that only unanticipated or surprise policies can ... (Read 63 times)

yoooooman · **on:** Jun 30, 2018

Rational expectations theory rejects 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

Inflation occurs when there is an increase in the purchasing power of money.
a. True
b. False
Indicate whether the statement is true or false