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:

Simp

A slang term often used derogatorily to describe someone who is perceived as overly subservient or attentive to someone they are attracted to, often without receiving any acknowledgment or reciprocation.

Add

In mathematical terms, to combine or unite numbers or quantities to get a sum.

Simp

Informal slang, sometimes negative, referring to someone overly subservient to someone else without reciprocation, or excessively valuing someone who does not value them in return.

Conj

A shortened term for conjunction, referring to a compound sentence formed with the word "and" to connect clauses, propositions, or terms.