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Author Question: When people use recent information to gradually adjust their forecasts of inflation, they are said ... (Read 69 times)

mmm

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on: Jun 30, 2018
When people use recent information to gradually adjust their forecasts of inflation, they are said to have:
 a. static expectations.
  b. adaptive expectations.
  c. rational expectations.
  d. spiraling expectations.

Question 2

Deflation means a decrease in:
 a. the rate of inflation.
  b. the prices of all products in the economy.
  c. homes, autos, and basic resources.
  d. the general level of prices in the economy.


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bassamabas

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

b

Answer to Question 2

d


mmm

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

deja

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

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