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 74 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?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

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

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library