Rational Expectations Are More Accurate Than Adaptive Expectations,________

question 69

Multiple Choice

Rational expectations are more accurate than adaptive expectations,________.

• A)on average
• B)always
• C)because they require less information
• D)except when policies have changed

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Definitions:

Adrenaline

A hormone and neurotransmitter produced by the adrenal glands that increases heart rate, contracts blood vessels, dilates air passages, and participates in the fight-or-flight response.

Blood Supply

pertains to the provision and circulation of blood throughout the body by the heart and blood vessels.

Compliance-gaining Strategy

Techniques or tactics used to persuade or influence others to agree with or follow a request, command, or rule.

Assertive

Able to pursue one’s own best interests without denying a partner’s rights.