The theory of rational expectations is classified as a psychological cause of th
ID: 1240264 • Letter: T
Question
The theory of rational expectations is classified as a psychological cause of the business cycle.True
False
The fact that women in large numbers choose careers in education and nursing may be the result of occupational segregation.
True
False
The Lorenz curve shows
a. that income is unevenly distributed
b. that income is normally distributed
c. how income is distributed
d. that income is distributed according to talent and abilities
Unemployment insurance is a form of in-kind transfer payment to reduce poverty.
True
False
The official poverty threshold line is adjusted annually for
a. income taxes
b. inflation
c. average household size
d. average family size
Explanation / Answer
fralse true b true b