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 87 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
Wow, this really help

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The declining age of menarche over the past 150 years has been measured in many European countries, The declining age of menarche over the past 150 years has been measured in many European countries,
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Many people consider the British statesman Winston Churchill (1874–1965) to be an exemplar of the ... Many people consider the British statesman Winston Churchill (1874–1965) to be an exemplar of the ...
The wobble hypothesis The wobble hypothesis
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
People who are color-blind see colors differently. (a) Those with normal vision see the red leaves. People who are color-blind see colors differently. (a) Those with normal vision see the red leaves.
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library