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An significant part of assessing macroeconomic outcomes is shifting expectations. Offer three examples or illustrations that illustrate various ways in which perceptions can have a
An significant part of assessing macroeconomic outcomes is shifting expectations. Offer three examples or illustrations that illustrate various ways in which perceptions can have a self-fulfilling impact on the economy (e.g. where optimism about the outlook of the economy leads to a more positive economic outlook). Be specific about how behavior is influenced by expectations and how those behaviors contribute to the expected outcome. Two sentences each is enough.
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