At the expiration the premium of an option is equal to the option intrinsic value.

Robert Lucas spurred the rational expectations revolution in ________

A) the 1960s B) the 1970s C) the 2000s D) the 1880s

If the two goods in an Edgeworth Box are perfect complements for one person -- and if the other person has the typical tastes that satisfy our usual assumptions (without being extreme in any way), any efficient allocation will be such that the first person has equal amounts of good 1 and good 2.

Answer the following statement true (T) or false (F)