The demand curve for a monopolist is

Which of the following would be a violation of the rational expectations assumption?

A) "Over the past twenty years, people have consistently under-predicted the inflation rate for the following year." B) "Over the past twenty years, people have never once accurately predicted the inflation rate for the following year." C) "The Fed's announcement that it might ease interest rates caused an immediate drop in short-term rates, even before the Fed took any action." D) all of the above E) none of the above

Suppose the following situation exists for an economy: Kt+1/N = Kt/N. Given this information, we know that

A) saving per worker equals depreciation per worker in period t. B) saving per worker is less than depreciation per worker in period t. C) saving per worker is greater than depreciation per worker in period t. D) the saving rate fell in period t. E) steady state consumption is equal to the golden rule level of steady state consumption.