Do you think that prices are more or less sticky today than 50 years ago? Why? What will be an ...

Do you think that prices are more or less sticky today than 50 years ago? Why?
 
  What will be an ideal response?

Question 2

To determine the real interest rate in the data, one should take the interest rate on government debt
 
  A) and leave it at that.
  B) and add the inflation rate.
  C) and subtract the inflation rate.
  D) and divide by the inflation rate.

Question 3

The notion that expectations will be identical to optimal forecasts using all available information is known as ________.
 
  A) adaptive expectations
  B) irrational expectations
  C) rational expectations
  D) tertiary expectations