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ang359 ang359
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3 months ago
George believes that the inflation rate will be around 9 percent this year because it was around 9 percent in the previous year. George can be said to have ________.

▸ composite expectations

▸ marginal expectations

▸ rational expectations

▸ adaptive expectations
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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kniemeier2kniemeier2
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3 months ago
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adaptive expectations

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ang359 Author
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3 months ago
This helped my grade so much Perfect
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Thanks for your help!!
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Helped a lot
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