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Author Question: The ________ hypothesis suggests that errors in forecasting future inflation rates are due to ... (Read 58 times)

fagboi

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Question 1

The hypothesis that people know the "true model" of the economy and that they use this model to form their expectations of the future is the


◦ real business cycle hypothesis.
◦ Lucas supply function hypothesis.
◦ rational-expectations hypothesis.
◦ Laffer hypothesis.

Question 2

The ________ hypothesis suggests that errors in forecasting future inflation rates are due to random, unpredictable events.


◦ rational-expectations
◦ stagflation
◦ chaos-theory
◦ Friedman


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Marked as best answer by fagboi on Apr 19, 2019

scikid

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fagboi

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


ktidd

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Reply 3 on: Yesterday
Excellent

 

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