Money & Bank MCQ
MB Chapter 7
Rational expectations forecast errors will on average be ________ and therefore ________ be predicted ahead of time.
Rational expectations forecast errors will on average be ________ and therefore ________ be predicted ahead of time.
Rational expectations forecast errors will on average be ________ and therefore ________ be predicted ahead of time.
A) positive; can
B) positive; cannot
C) negative; can
D) zero; cannot
Answer: D
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