According to economists of the rational expectations school, _____
a. the passive approach must be adopted because they believe the economy is too complex
b. individual forecasts about policies can never be right
c. anticipated monetary policy can affect the output level
d. discretionary policy can stabilize the economy
e. discretionary policy should be completely avoided
e
Economics
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A cooperative equilibrium is most likely to arise in a
A) single-play game with a large number of players. B) single-play game without communication. C) repeated game with a large number of players. D) repeated game with a small number of players.
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In Canada, there are no preferences given to Canadian TV networks and programming over U.S. networks and programming
Indicate whether the statement is true or false
Economics