If workers and firms have rational expectations, they form their expectations using

A) only information provided to them by the government.
B) only information from the past.
C) only information gathered from random sources.
D) all the information available to them.

D

Economics

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Controlling the quantity of money and interest rates to influence aggregate economic activity is called

A) foreign policy. B) monetary policy. C) fiscal policy. D) bank antitrust policy.

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The marginal cost curve intersects the average fixed cost curve at its minimum

Indicate whether the statement is true or false

Economics