Most economists would agree that,unless it incorporates rational expectations or something like it,a model cannot account for

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Rational expectations theory posits that individuals form expectations about the future based on all available information, including the anticipated effects of policy changes. This theory helps explain how people differentiate between permanent and temporary policy changes in their decision-making processes, affecting economic outcomes differently. Other options, while important economic phenomena, do not directly relate to the necessity of incorporating rational expectations to understand the specific impact of policy permanence versus temporariness.

Most Economists Would Agree That,unless It Incorporates Rational Expectations or Something