Forecasting has often been described as trying to drive a car blindfolded and following directions given by

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Forecasting has often been described as trying to drive a car blindfolded and following directions given by someone who is looking out the back window. Does this description remind you of adaptive or rational expectations?

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Macroeconomics Policy And Practice

ISBN: 9781292019598

2nd Global Edition

Authors: Frederic S Mishkin

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Question Posted: Nov 13, 2024 07:00 AM

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Forecasting has often been described as trying to drive a car blindfolded and following directions given by

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Macroeconomics Policy And Practice

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