In Rational Expectations Theory,the Term "Optimal Forecast" Is Essentially Synonymous

question 49

Multiple Choice

In rational expectations theory,the term "optimal forecast" is essentially synonymous with

• A)correct forecast.
• B)the correct guess.
• C)the actual outcome.
• D)the best guess.

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Definitions:

Alleles

Alternative forms of a gene that arise by mutation and are found at the same place on a chromosome.

Environment

The sum of all external conditions and influences affecting the life and development of organisms.

Genetic Variability

The variation in the DNA sequence in each of our genomes, which is a key factor in the survival and evolution of species.

Genetic Polymorphism

A phenomenon where multiple forms or alleles of a gene exist within a population, allowing for genetic diversity.