If consumers believe the price of LCD televisions will decrease in the future, this will cause the demand for LCD televisions to increase now
Indicate whether the statement is true or false
FALSE
Economics
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If people assume that future rates of inflation will ________, they are said to have adaptive expectations
A) not be related to inflation rates of the past B) follow the pattern of inflation rates in the past C) be higher than inflation rates of the past D) be lower than inflation rates of the past
Economics
From a psychological point of view, could we talk ourselves out of a recession simply by having business and government leaders express optimistic statements?
What will be an ideal response?
Economics