If the Public Has Rational Expectations

question 89

Multiple Choice

If the public has rational expectations,

• A) the only effective policy would be one that is implemented by surprise.
• B) if the public incorrectly anticipates a given policy,there could be adverse results.
• C) if policymakers do not do what they say they are going to do,then there could be adverse results.
• D) a,b,and c
• E) none of the above

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Definitions:

Negative Attitudes

A negative attitude refers to a general disposition of displeasure or aversion towards something, often manifesting in pessimism or opposition.

Technology Company

A business entity that focuses on the development and manufacturing of technology products or providing technology as a service.

Cultural Assimilator

A tool or program designed to help individuals learn and adapt to the cultural norms of a different culture.

Understanding Traditions

The act of grasping the beliefs, behaviors, and values passed down within a culture or community.