Answer to Question #63537 in Macroeconomics for Hans

Question #63537
Rational expectations ... Select one or more: a. are always better predictors of realizations of a random variable than adaptive expectations. b. are always correct. c. are correct on average. d. always contradict the assumption of perfect foresight.
1
Expert's answer
2016-11-24T14:43:10-0500
c, d

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