If Workers and Firms Have Rational Expectations,they Form Their Expectations

question 94

Multiple Choice

If workers and firms have rational expectations,they form their expectations using

• A)all the information available to them.
• B)only information from the past.
• C)only information provided to them by the government.
• D)only information gathered from random sources.

---

Definitions:

Multiple Infarcts

Refers to the occurrence of multiple areas of tissue death due to the lack of blood supply, often related to strokes or heart attacks.

Hypertension

A chronic medical condition in which the blood pressure in the arteries is persistently elevated.

SSRI Medications

Drugs categorized as selective serotonin reuptake inhibitors, used primarily to treat depression and anxiety by increasing serotonin levels in the brain.

Synaptic Gap

The small space between two neurons, across which neurotransmitters move to transmit impulses.