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Author Question: The microeconomic view of the expectations of inflation are based on the assumption that (Read 90 times)

fasfsadfdsfa

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Question 1

The new classical macroeconomists believe that people should form expectations by


◦ actually seeking to forecast the future.
◦ assuming that the future will be like the past.
◦ assuming that the future will be like the present.
◦ overlooking information that allows them to make more accurate forecasts.

Question 2

The microeconomic view of the expectations of inflation are based on the assumption that


◦ individuals are rational, forward-looking people.
◦ individuals will merely guess at what the inflation rate will be.
◦ people always assume that inflation will be zero.
◦ individuals are highly sophisticated in their economic thinking.


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Marked as best answer by fasfsadfdsfa on Apr 19, 2019

ankilker

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ankilker

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