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 99 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
Gracias!

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Women who reported one, two, or three or more major life events in the past 5 years were ... Women who reported one, two, or three or more major life events in the past 5 years were ...
In old age, as in all other stages of the life course, people find life more pleasant if they have ... In old age, as in all other stages of the life course, people find life more pleasant if they have ...
People using walkers typically have a high level of mobility impairment. People using walkers typically have a high level of mobility impairment.
Recent history of biochemistry shown by the introduction of new techniques. (part 1) Recent history of biochemistry shown by the introduction of new techniques. (part 1)
Color Is Not Always an Indicator of Whether Meat Is Thoroughly Cooked Color Is Not Always an Indicator of Whether Meat Is Thoroughly Cooked
One hypothesis for the evolution of the eukaryotes One hypothesis for the evolution of the eukaryotes
Video: Role of complement proteins

For a complete list of videos, visit our video library