Statement I: Rational Expectationists Believe That People Make Well-Reasoned and Self-Interested

Statement I: Rational expectationists believe that people make well-reasoned and self-interested decisions based upon available information.
Statement II: The Laffer curve describes the relationship between cost-push inflation and demand-pull inflation.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.