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Author Question: Forecasts based on the extrapolation of observed trends and relationships are likely to be accurate, ... (Read 62 times)

Mimi

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Forecasts based on the extrapolation of observed trends and relationships are likely to be accurate, if ________.
 
  A) changes in expectations are properly considered
  B) policy actions are anticipated
  C) economic behavior is guided by rational expectations
  D) policy changes are understood to be permanent

Question 2

Referring to the table above, the present discounted value of initial wealth plus total income is ________.
 
  A) 67,308
  B) 71,200
  C) 70,400
  D) 68,462



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blazinlyss

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Answer to Question 1

A

Answer to Question 2

D




Mimi

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Reply 2 on: Jun 30, 2018
Wow, this really help


alvinum

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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