Multiple Choice
Which of these is(are) true regarding the rational expectations theory? I. In general, studies support the policy ineffectiveness proposition.
II) Labor markets are often exhibit short-term wage stickiness.
III) It does not make the best use of all publicly available information.
A) I only
B) II only
C) III only
D) I, II, and III only
Correct Answer:
Verified
Correct Answer:
Verified
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