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What is the relationship between rational expectations and the efficient market hypothesis? Explain how markets for foreign exchange operate. Describe the basic operation of the

What is the relationship between rational expectations and the efficient market hypothesis?

Explain how markets for foreign exchange operate.

Describe the basic operation of the stock market.

Analysis to explain the structure of the U.S Financial system.

Demand and supply model to explain how exchange rates are determined in the short runĀ 

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1 Relationship between Rational Expectations and the Efficient Market Hypothesis The rational expectations hypothesis and the efficient market hypothesis are closely related concepts in economics and ... blur-text-image

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