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Home Q & A Board Other Fields Homework Help Business Economics
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NYC NYC
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8 years ago
If firms have rational expectations and if they set prices and wages on this basis, then on average, prices and wages will be set at levels that ________ in the goods and labor markets.
A) leave a surplus
B) ensure equilibrium
C) leave a shortage
D) ensure maximum profits
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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