The Hypothesis That People Believe the Best Indicator of the Future

question 25

Multiple Choice

The hypothesis that people believe the best indicator of the future is the recent past is known as:

• A)rational expectations.
• B)adaptive expectations.
• C)lagged expectations.
• D)trend expectations.

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Definitions:

Married Women

Women who are legally united in marriage to spouses.

Demographic Trends

Patterns and changes over time in the characteristics of populations, such as age, gender, and ethnicity, often used for planning and policy-making.

Changing Families

The evolving structures and dynamics within family units due to societal, economic, or personal changes over time.

Extended Families

A family that extends beyond the nuclear family to include grandparents, aunts, uncles, and other relatives, often living close to or with each other.