Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
valputin valputin
wrote...
Go to Answer
Posts: 5754
Rep: 3 0
8 years ago
The major criticism of the view that expectations are formed adaptively is that
A) this view ignores that people use more information than just past data to form their expectations.
B) adaptive expectations models have no predictive power.
C) people are irrational and therefore never learn from past mistakes.
D) it is easier to model adaptive expectations than it is to model rational expectations.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 282 times
2 Replies
Our course uses > The Economics of Money, Banking and Financial Markets
Replies
Answer verified by a subject expert
bio_manbio_man
wrote...
#1
Educator
Top Poster
Posts: 33269
Rep: 3443 15
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

valputin Author
wrote...
#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  812 People Browsing
 129 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 387
  
 356
  
 400
Your Opinion
What's your favorite coffee beverage?
Votes: 299
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?