According to the Rational Expectations School,_____

Multiple Choice

According to the rational expectations school,_____.

A) on average people have very little idea of what to expect from government policy makers
B) people form expectations by focusing only on the private sector
C) changes in the expected price level shift the aggregate demand curve
D) people do not consider likely government policies when forming expectations,choosing to remain rationally ignorant
E) people form expectations,in part,by considering the probable future actions of government policy makers