Title: The hypothesis that people know the "true model" of the economy and that they use this model to ... Post by: Frost on Apr 29, 2019 Question 1. The economic view that retains the assumption of rational expectations but drops the assumption of completely flexible prices and wages is called ▸ new Keynesian economics. ▸ supply-side economics. ▸ monetarism. ▸ real business-cycle economics Question 2. The hypothesis that people know the "true model" of the economy and that they use this model to form their expectations of the future is the ▸ real business cycle hypothesis. ▸ Lucas supply function hypothesis. ▸ rational-expectations hypothesis. ▸ Laffer hypothesis. Title: The hypothesis that people know the "true model" of the economy and that they use this model to ... Post by: ShaeTime3 on Apr 29, 2019 Content hidden
Title: The hypothesis that people know the "true model" of the economy and that they use this model to ... Post by: Frost on Apr 29, 2019 Brilliant
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