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    Exam 23: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, and Sources of Business Cycles
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    The Only Difference Between Adaptive and Rational Expectations Is That
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The Only Difference Between Adaptive and Rational Expectations Is That

Question 87

Question 87

True/False

The only difference between adaptive and rational expectations is that adaptive expectation assumes economic agents to be irrational.

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