Which of the Following Are TRUE

question 171

Multiple Choice

Which of the following are TRUE?
I. New Keynesian economists believe that money wage rates are influenced by rational expectations of the price level.
II. New classical economists believe that money wage rates are influenced by rational expectations of the price level.
III. New classical economists believe expected changes in aggregate demand trigger business cycles.

• A) I, II and III
• B) II and III
• C) I and II
• D) I and III

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Definitions:

Annual Dividend

The total amount of dividend payments made to shareholders over a one-year period.

Shares

Units of ownership interest in a corporation or financial asset, providing a portion of the profits to shareholders in the form of dividends.

Dividend Preference

A feature of certain types of shares that entitles holders to receive dividends before common shareholders are paid.

Immediate Cash

Funds that are readily available for use without any delay or waiting period.