If households have information that monetary policy is likely to change in the future,that information will play a role in forming ________.
A) adaptive expectations
B) rational expectations
C) tertiary expectations
D) non-adaptive expectations
Correct Answer:
Verified
Q2: The "rational expectations revolution" refers to a
Q3: Expectations about the future will always be
Q4: Rational expectations are more accurate than adaptive
Q5: Rational expectations theory suggests that _.
A)policy announcements
Q6: Rational expectations theory suggests that _.
A)consumers base
Q7: Forecasts based on the extrapolation of observed
Q8: Economists use _ to forecast economic activity
Q9: The notion that expectations will be identical
Q10: Both adaptive expectations and rational expectations are
Q11: Adaptive expectations are formed _.
A)from experience
B)from best
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