Ms Jones Is a Professor at a University

question 158

Multiple Choice

Ms. Jones is a professor at a university. She strongly supports the rational expectations theory. She is likely to believe that the only time active policy has an impact on aggregate output is when _____

• A) an expansionary policy is implemented.
• B) a recessionary policy is implemented.
• C) policy changes are unannounced.
• D) an economy has a recessionary gap.
• E) an economy has an expansionary gap.

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Definitions:

Aesthetic Needs

The human desire for beauty, order, and form, often related to the arts and nature.

Cognitive Needs

Cognitive needs for comprehending, investigating, and interpreting the world and self.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, feelings, and behaviors.

Hans Eysenck

A psychologist who was a major contributor to the fields of personality and intelligence research.