A preannounced contractionary money policy is more likely to create unemployment when people have rational, rather than adaptive, expectations

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Which of the following is an example of an activity undertaken by an entrepreneur?

A) washing and ironing your own shirts instead of taking them to the cleaners B) holding a position as the president of a liberal arts college C) running for the president of the United States D) starting your own pet sitting business

Economics

Refer to the graph . The bracket A represents the:



A. Rate of return for an asset

B. Rate of return for the risk-free asset

C. Risk premium for an asset with a certain risk level

D. Compensation for time preference for an asset with a certain risk level

Economics