Economics assumes people

Group of answer choices

try to advance their own projects in market and government processes.

tend to compete more in markets than they do in government.

tend to cooperate more in markets than they do in government.

try to pursue the public interest but find over time that only private interests matter.

One feature that distinguishes Real Business Cycle theory from many other theories of the business cycle is that the role of ________ is not considered important.

Group of answer choices

Money

Rational expectations

Consumers

Utility maximization

Monetarism's impact on monetary policy is evidenced through the commonly employed central bank tactic of

Group of answer choices

Quantitative easing

The Friedman rule

Currency devaluation

Discount window lending