A firm in a competitive market can change the market price by changing its own production level

An economic policy has a decent chance of working as intended, if ________

A) the policy causes no change in expectations B) if mistaken expectations are not very costly C) the rationale behind the policy is well-understood by the public D) expectations are formed in the same way by both the public and the policymakers

The U.S. Office of Management and Budget plays a crucial role in the federal rule-making process

Indicate whether the statement is true or false