(I)  Rational Expectations Adherents Believe That Decision Makers Base Their Future

question 132

Multiple Choice

(I)   Rational expectations adherents believe that decision makers base their future expectations on actual outcomes observed during recent periods.
(II)   The adaptive expectations hypothesis states that decision makers weigh all available evidence when forming expectations about future economic events.

• A) I is true; II is false.
• B) I is false; II is true.
• C) Both I and II are true.
• D) Both I and II are false.

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Definitions:

Dual Language Learning

The process by which individuals learn two languages simultaneously or learn a second language while continuing to develop their first language.

Bilingualism

The capacity to fluently communicate and comprehend two languages.

Dual Language Learning

The acquisition of two languages simultaneously, often starting from an early age, and leading to bilingualism.

Foreign-Speaking Children

Children whose primary language spoken at home or in their community is different from the dominant language of the country they reside in.