This topic contains a solution. Click here to go to the answer

Author Question: The microeconomic view of the expectations of inflation are based on the assumption that (Read 92 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fasfsadfdsfa on Apr 19, 2019

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




ankilker

  • Sr. Member
  • ****
  • Posts: 328

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library