This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The adaptive expectations hypothesis implies that people: a. adjust their expectations quickly to ... (Read 68 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
The adaptive expectations hypothesis implies that people:
 a. adjust their expectations quickly to policy changes.
  b. expect the next period to be pretty much like the recent past.
  c. will always be correct in their forecast for the next period.
  d. change their expectations about the future if policy changes.

Question 2

Suppose a market basket of goods and services costs 1,000 in the base year and the consumer price index (CPI) is currently 110 . This indicates the price of the market basket of goods and services is now:
 a. 110.
  b. 1,000.
  c. 1,100.
  d. 1,225.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


rosent76

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
:D TYSM

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

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?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed. Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed.
Earth Affects People; People Change Earth Earth Affects People; People Change Earth
Children’s interactions with older siblings may help promote an understanding of other people’s ... Children’s interactions with older siblings may help promote an understanding of other people’s ...
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
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: ADH and the arterioles, kidneys, sweat glands and the Atrial natriuretic peptide (ANP)

For a complete list of videos, visit our video library