When Using Rational Expectations,forecast Errors Will,on Average,be ________ and ________

question 53

Multiple Choice

When using rational expectations,forecast errors will,on average,be ________ and ________ be predicted ahead of time.

• A)positive;can
• B)positive;cannot
• C)negative;can
• D)zero;cannot

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Definitions:

Credibility

The quality of being believable or worthy of trust.

Unsolicited Proposals

Proposals or offers made without a direct request, often aimed at pitching new ideas or suggesting improvements.

Solicited Proposals

Proposals submitted in response to a request from an organization or individual, often as part of a competitive bidding process.

Secondary Research

Secondary research involves the summary, collation, and/or synthesis of existing research rather than conducting new research, often using data and findings published by others.