In explaining business investment spending, the "Yes - Markets Self-Adjust" camp emphasizes expectations and the "No - Markets Fail Often" camp emphasizes interest rates.

Question

Quizplus · Accepted Answer

The statement is incorrect as the camps mentioned are interchanged. The "Yes - Markets Self-Adjust" camp emphasizes interest rates and the "No - Markets Fail Often" camp emphasizes expectations.

In Explaining Business Investment Spending, the "Yes - Markets Self-Adjust