An economics professor is considering improving class attendance and preparation by giving pop quizzes. Two approaches are being considered: pop quizzes on days when homework is due, or keeping the pop quizzes a secret and giving them on random days. Suppose that the students use rational expectations theory in the classroom True or False: Giving pop quizzes on random days will increase attendance more than pop quizzes on days when homework is due. True False

An economics professor is considering improving class attendance and preparation by giving pop quizzes. Two approaches are being considered: pop quizzes on days when homework is due, or keeping the pop quizzes a secret and giving them on random days. Suppose that the students use rational expectations theory in the classroom True or False: Giving pop quizzes on random days will increase attendance more than pop quizzes on days when homework is due. True False

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 11PA

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