The Major Criticism of the View That Expectations Are Formed

question 31

Multiple Choice

The major criticism of the view that expectations are formed adaptively is that

• A)this view ignores that people use more information than just past data to form their expectations.
• B)it is easier to model adaptive expectations than it is to model rational expectations.
• C)adaptive expectations models have no predictive power.
• D)people are irrational and therefore never learn from past mistakes.

Analyze memory disorders and their implications for understanding normal memory function.

Understand the impact of state-dependent learning on memory recall.

Comprehend the encoding and storing processes of material in long-term memory.

Recognize the effectiveness of distributed practice over massed practice for learning.