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Author Question: Forecasts based on the extrapolation of observed trends and relationships are likely to be accurate, ... (Read 24 times)

Mimi

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on: Jun 30, 2018
Forecasts based on the extrapolation of observed trends and relationships are likely to be accurate, if ________.
 
  A) changes in expectations are properly considered
  B) policy actions are anticipated
  C) economic behavior is guided by rational expectations
  D) policy changes are understood to be permanent

Question 2

Referring to the table above, the present discounted value of initial wealth plus total income is ________.
 
  A) 67,308
  B) 71,200
  C) 70,400
  D) 68,462


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blazinlyss

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

A

Answer to Question 2

D


Mimi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
Excellent

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