The Main Criticism Leveled at the Rational Expectations Theorists Is

question 260

Short Answer

The main criticism leveled at the rational expectations theorists is that ________________.

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Definitions:

Correlational Method

Research in which two or more variables are measured and compared to determine to what extent, if any, they are associated.

Quasi-Experimental Design

A research strategy that attempts to estimate the causal impact of an intervention without random assignment to treatment or control groups.

Experimental Method

A study in which a researcher manipulates a variable, referred to as the independent variable, measures possible effects on another variable, referred to as the dependent variable, and tries to hold all other variables constant.

Stereotype Threat

A situational predicament in which people are or feel themselves to be at risk of conforming to stereotypes about their social group.