Author Question: Adaptive expectations is a school of thought that argues people form expectations based on all ... (Read 118 times)

yoooooman · **on:** Jun 30, 2018

Adaptive expectations is a school of thought that argues people form expectations based on all available information, including the likely future actions of government policy makers.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Those who favor an active approach to policy and those who favor a passive approach disagree not only on how quickly the government can act but also on how stable the economy basically is.
a. True
b. False
Indicate whether the statement is true or false