_____ is the world's largest economy

Write an essay on the economic relationship of greatest concern for development between education and

(a) the level of growth, (b) the character of growth, (c) inequality, (d) fertility, (e) absolute poverty, (f) international migration.

Assume that a central bank with a history of inflation announces that it is going to reduce money growth and inflation. According to the rational expectations model, the public will

a. immediately reduce their expected price level and inflation. b. reduce their expected price level if this announcement is credible. c. reduce their money and real wages if this announcement is credible. d. immediately be open to reducing their money wage. e. both b and c.