The Main Policy Conclusion of the Rational Expectations School Is

question 148

Multiple Choice

The main policy conclusion of the rational expectations school is that:

• A)fiscal policy lags are so long and variable that such policy is worthless,but monetary policy can be helpful.
• B)monetary policy lags are so long and variable that such policy is worthless,but fiscal policy can be helpful.
• C)both monetary and fiscal policy can be helpful if policy makers correctly anticipate the plans of firms and households.
• D)both monetary and fiscal policy can be helpful if firms and households correctly anticipate the plans of policy makers.
• E)neither monetary nor fiscal policy can be helpful if firms and households correctly anticipate the plans of policy makers.

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Definitions:

Logistic Channels

Pathways or networks used for the distribution of goods from manufacturers to consumers.

Logistics Chains

The sequence of processes involved in the production and distribution of a commodity, also known as supply chains.

Core Carriers

Transportation providers chosen by a shipper to carry the majority of its products or goods, based on reliability, efficiency, or cost advantages.

Distribution Channels

Networks or pathways through which a company's products or services are sold and delivered to the end customer, including retailers, wholesales, and online platforms.