Social Studies, 22.10.2021 20:30, ali7862

Rational expectations theory is based on the assumption that - A. product markets are competitive, but resource markets are monopolistic.
B. both product and resource markets are monopolistic.
C. both product and resource markets are very competitive.
D. wages and prices are flexible upward, but inflexible downward.

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Rational expectations theory is based on the assumption that - A. product markets are competitive,...