If a forecast made using all available information is NOT perfectly accurate, then it is
A) still a rational expectation.
B) not a rational expectation.
C) an adaptive expectation.
D) a second-best expectation.
A
Economics
You might also like to view...
A firm's long-run average cost curve is derived from a series of short-run average total cost curves
Indicate whether the statement is true or false
Economics
Monetary policy can influence interest rates, which in turn can change spending
a. True b. False Indicate whether the statement is true or false
Economics