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Author Question: Any test of the rational expectations hypothesis must show that expectations are formed rationally and (Read 86 times)

dbose

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on: Apr 19, 2019

Question 1

A problem with comparing macroeconomic models is that


◦ people may change how they react when economic policies are changed.
◦ macroeconomic models do not predict the same outcomes from policies.
◦ macroeconomic models cannot be expressed in mathematical terms.
◦ macroeconomic models must meet government standards for uniformity.

Question 2

Any test of the rational expectations hypothesis must show that expectations are formed rationally and


◦ the model being used is the true model.
◦ the velocity of money is constant.
◦ there are no price surprises.
◦ all policy changes are anticipated.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dbose on Apr 19, 2019

polinasid

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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.
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dbose

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Reply 2 on: Apr 19, 2019
:D TYSM

sultana.d

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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