According to Rational Expectations Theory,forecast Errors of Expectations

question 98

Multiple Choice

According to rational expectations theory,forecast errors of expectations

• A)are more likely to be negative than positive.
• B)are more likely to be positive than negative.
• C)tend to be persistently high or low.
• D)are unpredictable.

---

Definitions:

Political Issues

Matters relating to governmental policies, practices, or decisions that affect a country or its citizens' lives.

Political Activity

Involves actions or endeavors aimed at influencing government policy or leadership, often through advocacy, campaigning, or voting.

Higher Incomes

Refers to earnings that are significantly above the median or average levels within a given community, region, or country, typically associated with better quality of life and financial security.

Representative Sample

A subset of a population that accurately reflects the members of the entire population, used in statistical analysis to make inferences about the whole population.