Compared to adaptive expectations, rational expectations would imply t
Compared to adaptive expectations, rational expectations would imply that the transition between the short-run and the long-run will take:
a. the same amount of time.
b. a longer period of time.
c. a variable period of time.
d. less time.
ANSWER
D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.