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Author Question: If firms have ________ and if they set prices and wages on this basis, then prices and wages will, ... (Read 107 times)

Anajune7

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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
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Marked as best answer by Anajune7 on Apr 19, 2019

mcni194

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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.
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Anajune7

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Reply #2 on: Apr 19, 2019
Thanks


mcni194

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Reply #3 on: Apr 19, 2019
Welcome :)


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