Forecasters predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational. Is this

Question:

“Forecasters’ predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational.” Is this statement true, false, or uncertain?

Explain your answer.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: