If most people have rational expectations, how long will recessions last?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 07, 2023 05:55 AM

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If most people have rational expectations, how long will recessions last?

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If most people have rational expectations recessions are likely to be shorter and shallower than they would be if people had irrational expectations T...View the full answer

Principles Of Economics

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