Asked by Wahidah Mat Nasir on Jun 07, 2024
Verified
The main criticism leveled at the rational expectations theorists is that ________________.
Rational Expectations
The theory suggesting that individuals form forecasts about the future based on all available information.
Critics
Individuals or groups that express disagreement or disapproval towards certain ideas, policies, or works, often seeking to present alternative viewpoints.
- Acquire knowledge on the basics of rational expectations theory and the criticisms directed at it.
Verified Answer
KF
Khadra FarahJun 09, 2024
Final Answer :
they just go too far in ascribing rationality to the general population
Learning Objectives
- Acquire knowledge on the basics of rational expectations theory and the criticisms directed at it.
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