According to Which of the Following Models Are Economic Agents

question 19

Multiple Choice

According to which of the following models are economic agents assumed to have perfect information?

• A)The new classical model
• B)The classical model
• C)The monetarist model
• D)The Keynesian model

---

Definitions:

Indorsement

The act of signing one's name on the back of a cheque or negotiable instrument, thereby transferring its ownership or altering its terms.

Negotiating the Instrument

Refers to the process of bargaining or discussing the terms of a financial document, such as a check or a bill of exchange, to reach an agreement.

Restricting Payment

Implies conditions or limitations placed on the distribution or release of funds.

Special Indorsement

A signature on a negotiable instrument, such as a check, that specifies the person to whom the instrument is to be payable, thereby restricting further transfer.