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NYC NYC
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8 years ago
Which of the following is an argument against the rational-expectations assumption?
A) It requires households and firms to know too much.
B) The costs of formulating rational expectations are very low.
C) It assumes that unexploited opportunities for profit persist in the economy.
D) people expect certain outcomes from the government's policy actions.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Perfect answer, thank you
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