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    The Economics of Money Banking Study Set 1
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    Exam 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
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    If a Forecast Made Using All Available Information Is Not
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If a Forecast Made Using All Available Information Is Not

Question 64

Question 64

Multiple Choice

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.

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