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Author Question: Adaptive expectations assumes that individuals A) can accurately predict the future. B) base ... (Read 99 times)

misspop

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on: Jun 30, 2018
Adaptive expectations assumes that individuals
 
  A) can accurately predict the future.
  B) base predictions on random events (i.e., animal spirits).
  C) form their predictions of macroeconomic variables randomly.
  D) use all available information in predicting the future.
  E) none of the above

Question 2

When x increases
 
  A) IS curve shifts to the left.
  B) IS curve shifts to the right.
  C) LM curve shifts upward.
  D) LM curve shifts downward.


joechoochoy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


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