This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If firms have ________ and if they set prices and wages on this basis, then prices and wages will, ... (Read 105 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Apr 19, 2019

Question 1

People are said to have ________ if they use all available information in forming their expectations.


◦ rational expectations
◦ insider information
◦ unbiased prognostication
◦ psychic insight

Question 2

If firms have ________ and if they set prices and wages on this basis, then prices and wages will, on average, be set at market-clearing levels.


◦ negative inventories
◦ rational expectations
◦ excess capacity
◦ no competition
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Anajune7 on Apr 19, 2019

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Anajune7

  • Hero Member
  • *****
  • Posts: 574
Reply #2 on: Apr 19, 2019
Thanks


mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Language is the basis of human culture around the world. The past decade has seen major developments ... Language is the basis of human culture around the world. The past decade has seen major developments ...
Simple harmonic motion also forms the basis for understanding mechanical waves Simple harmonic motion also forms the basis for understanding mechanical waves
Structural basis for selective inhibition of COX-2 Structural basis for selective inhibition of COX-2
The Gram-Schmidt Process for Finding an Orthonormal Basis The Gram-Schmidt Process for Finding an Orthonormal Basis
Competitive firms and maximization Competitive firms and maximization
The biochemical basis of the ABO blood groups The biochemical basis of the ABO blood groups
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library