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valputin valputin
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8 years ago
If expectations are formed adaptively, then people
A) often change their expectations quickly when faced with new information.
B) never change their expectations once they have been made.
C) use more information than just past data on a single variable to form their expectations of that variable.
D) use only the information from past data on a single variable to form their expectations of that variable.
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:
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Our course uses > The Economics of Money, Banking and Financial Markets
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bio_manbio_man
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8 years ago
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valputin Author
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8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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