This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The microeconomic view of the expectations of inflation are based on the assumption that (Read 26 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Apr 19, 2019

Question 1

The new classical macroeconomists believe that people should form expectations by


◦ actually seeking to forecast the future.
◦ assuming that the future will be like the past.
◦ assuming that the future will be like the present.
◦ overlooking information that allows them to make more accurate forecasts.

Question 2

The microeconomic view of the expectations of inflation are based on the assumption that


◦ individuals are rational, forward-looking people.
◦ individuals will merely guess at what the inflation rate will be.
◦ people always assume that inflation will be zero.
◦ individuals are highly sophisticated in their economic thinking.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fasfsadfdsfa on Apr 19, 2019

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
Reply #2 on: Apr 19, 2019
Excellent


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan. Renzo Piano Building Workshop, Aerial view of Kansai International Airport, Osaka, Japan.
Midsagittal or median plane along with a sagittal view of the head. Midsagittal or median plane along with a sagittal view of the head.
VIEW OF A MONK'S CELL IN THE MONASTERY OF SAN MARCO, FLORENCE VIEW OF A MONK'S CELL IN THE MONASTERY OF SAN MARCO, FLORENCE
Genome-wide SNP-based heritability for individual behavioral disorders Genome-wide SNP-based heritability for individual behavioral disorders
Vision-based Magnetic Compass in European Robins Vision-based Magnetic Compass in European Robins
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library