Identified departures from perfect rationality include:

Which of the following is false? a. Market prices signal the relative availability of products to buyers

b. Market prices signal the relative value consumers place on products to sellers. c. The information and incentives offered by market price adjustments provide the "invisible hand" toward socially desirable cooperation between consumers and producers. d. None of the above are false; all are true.

There are three major macroeconomics markets (i.e., markets in the Three-Sector-Model) that will be the focus of this course. Which of the following choices is not included:

a. Real goods market b. Real loanable funds market c. Money market d. Foreign exchange market