If Expectations Are Formed Rationally

question 20

Multiple Choice

If expectations are formed rationally:

• A) then activist monetary policy may yield no gains whatsoever.
• B) then monetary policy has real effects in the long run.
• C) then inflation will only hurt lenders and not borrowers.
• D) then inflation will only hurt borrowers and not lenders.
• E) then individuals expect inflation equal to their most recent experience.

Understand the sociological perspectives on gender construction and maintenance.

Evaluate the effects of sexism and homophobia on societal norms and individual behavior.

Describe the influence of conflict theory on understanding social structures related to gender.

Understand the concept of the "second shift" and its implications on gender roles and labor division within the household.

---

Definitions:

Social Psychology

A branch of psychology that examines how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Social Psychology

Research into the methods individuals use to think about, impact, and establish relationships in social environments.

Intraindividual Variability

The variability in a person's behavior or performance over time.

Interindividual Variability

Differences or variations in traits, behaviors, or responses among individuals within a population.