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

Author Question: The hypothesis that people believe the best indicator of the future is the recent past is known as: ... (Read 89 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
The hypothesis that people believe the best indicator of the future is the recent past is known as:
 a. rational expectations.
  b. adaptive expectations.
  c. lagged expectations.
  d. trend expectations.

Question 2

Suppose the price of banana rises over time and consumers respond by buying fewer bananas. This situation contributes to which bias in the consumer price index?
 a. Substitution bias.
  b. Transportation bias.
  c. Quality bias.
  d. Indexing bias.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


newyorker26

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
Excellent

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Indicator and umbrella species. Indicator and umbrella species.
projections of future oil production projections of future oil production
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1 Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Where do you think these people fit in Gans’ classification of urban dwellers? Where do you think these people fit in Gans’ classification of urban dwellers?
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library