The View That Expectations Change Relatively Slowly Over Time in Response

question 82

Multiple Choice

The view that expectations change relatively slowly over time in response to new information is known in economics as

• A)rational expectations.
• B)irrational expectations.
• C)slow-response expectations.
• D)adaptive expectations.

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Definitions:

Cognitive Neoassociationism

A theory in psychology that explains how thoughts and emotions are interconnected, suggesting that one can indirectly evoke the other.

Aggression Model

A theoretical framework explaining the factors that lead to aggressive behavior in individuals.

Displaced Aggression

Aggressive behavior directed at a target other than the source of provocation, often due to the inability to confront the original source of frustration.

Social Psychology

A branch of psychology that examines how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.