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Author Question: If rational expectations cause people's price expectations to be generally correct, active policy ... (Read 108 times)

MGLQZ

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If rational expectations cause people's price expectations to be generally correct, active policy will influence the price level but not output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

As long as wage increases do not exceed labor productivity growth rates, a stable price level should be the result.
 a. True
  b. False
  Indicate whether the statement is true or false



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Andromeda18

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Answer to Question 1

True

Answer to Question 2

True




MGLQZ

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Reply 2 on: Jun 30, 2018
Excellent


atrochim

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  • Posts: 331
Reply 3 on: Yesterday
Gracias!

 

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