Expectations

question 105

Multiple Choice

Expectations

• A) have no effect on monetary policy.
• B) have no effect on consumers' spending habits.
• C) play a role in fiscal policy but not in monetary policy.
• D) can dampen the effects of monetary policy.
• E) are easily studied in economics.

---

Definitions:

Speaking

The act of producing sounds through the mouth and vocal cords that form words and sentences to communicate.

Words

Symbols or combinations of letters that represent specific meanings and can be spoken or written for communication.

Babies

Very young infants or newborns, usually considered to be under one year of age.

Months

Units of time, typically used in calendars, that roughly correspond to the period of time it takes for the Moon to orbit the Earth, usually divided into twelve periods in a year.