The Rational Expectations Hypothesis Suggests That

question 45

Multiple Choice

The rational expectations hypothesis suggests that

• A) people are creatures of habit and tend not to change their economic behavior in the short run.
• B) people are rational if they make forecasts about economic activity.
• C) people use all available information to make forecasts about future economic activity and adjust their behavior to these forecasts.
• D) people use all available information to make forecasts about future economic activity but often fail to adjust their behavior to these forecasts.

Know the barriers to mental health treatment, including institutional and cultural factors.

Understand the importance of culturally sensitive treatments for mental disorders.

Compare and contrast the roles and approaches of different mental health professionals.

Understand the effectiveness of different psychotherapy approaches for specific psychological disorders.

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