Adaptive expectations are formed ________
A) from experience
B) from best guesses about the future
C) as new information becomes available
D) as a weighted average of expert forecasts
A
Economics
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There are very few, if any, farms within the city limits of Chicago because
A) zoning laws have always prohibited them. B) the land under the city of Chicago is unfertile. C) Chicago is known for its butchers and freighters, not its farmers. D) the land is in extremely great demand for non-agricultural purposes.
Economics
Explain how a bank run can cause a bank to fail?
What will be an ideal response?
Economics