If the Public Has Rational Expectations

question 89

Multiple Choice

If the public has rational expectations,

• A) the only effective policy would be one that is implemented by surprise.
• B) if the public incorrectly anticipates a given policy,there could be adverse results.
• C) if policymakers do not do what they say they are going to do,then there could be adverse results.
• D) a,b,and c
• E) none of the above

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Definitions:

Factual Basis

refers to a foundation of verifiable facts and evidence that supports a hypothesis, argument, or legal action.

Peripheral Route

A path to persuasion in which an individual is influenced by superficial or peripheral cues rather than the content of the message itself.

Central Route

A method of persuasion that involves deeply processing the content of the message, considering its logic and arguments.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through argument, reasoning, or appeal.