The major components of a bond include all of the following except its

One key implication of rational expectations is that

A) anticipated monetary policy has no effect on the rate of unemployment or the level of real GDP. B) unanticipated monetary policy has no effect on the economy but anticipated monetary policy does have an effect on the economy. C) anticipated monetary policy can affect the rate of unemployment but not the level of real GDP. D) both unanticipated monetary policy and anticipated monetary policy have an effect on the economy.

Marginal land is land

a. that is unprofitable under any circumstances. b. that is the most productive in the area. c. that is on the borderline of profitability. d. of average productivity.