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According to rational expectations, ________. Question 14 options: expectations will not differ from optimal forecasts that use all available information expectations of inflation are viewed
According to rational expectations, ________. Question 14 options: expectations will not differ from optimal forecasts that use all available information expectations of inflation are viewed as being an average of past inflation rates expectations of inflation are viewed as being an average of expected future inflation rates expectations formation indicates that changes in expectations occur slowly over time as past data change
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