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valputin valputin
wrote...
Posts: 5754
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8 years ago
If a forecast made using all available information is NOT perfectly accurate, then it is
A) a second-best expectation.
B) not a rational expectation.
C) an adaptive expectation.
D) still a rational expectation.
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 242 times
3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

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wrote...
8 years ago
D) still a rational expectation.
Biology - The only science where multiplication and division mean the same thing.
valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile
Biology - The only science where multiplication and division mean the same thing.
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