Rational expectations theory suggests that the speed of adjustment Purcell correction would be very quick.
<h3>What Is Rational Expectations Theory?</h3>
The rational expectations theory is a widely used concept and modeling technique in macroeconomics. Individuals make decisions based on three primary factors, according to the theory: their human rationality, the information available to them, and their past experiences.
The rational expectations hypothesis was originally suggested by John (Jack) Muth 1 (1961) to explain how the outcome of a given economic phenomena depends to a certain degree on what agents expect to happen.
- People who have rational expectations always learn from their mistakes.
- Forecasts are unbiased, and people make decisions based on all available information and economic theories.
- People understand how the economy works and how government policies affect macroeconomic variables like the price level, unemployment rate, and aggregate output.
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Answer:
According to Newton's 2nd law
The force acting on a body produces acceleration in its direction which is directly propotional to the force but inversly propotinal to the mass of tbe body.
Explanation:
a = F/m
F = ma
Where( F) is force (m) is mass and (a) is acceleration.
Answer:
I think it is meteorologist because they also study of the atmosphere, atmospheric phenomena, and atmospheric effects on our weather.
The energy used by the light bulb in half an hour is 180000 J and the amount of thermal energy generated is 158400 J.
What is Energy?
Energy is the ability or the capacity to do work.
To calculate the energy of the light bulb we use the formula below
Formula:
- E = Pt.......... Equation 1
Where:
- E = Energy used by the bulb in a half-hour
- P = Power of the bulb
- t = Time
Given:
- P = 100 W
- t = 1/2 hour = 30 minutes = (30×60) = 1800 seconds
Substitute these values into equation 1
- E = (100×1800)
- E = 180000 J
- If the light converts 12% of electric energy to light energy, then 88% of the energy is used to generate thermal energy
Therefore,
- Thermal energy = (180000×88/100) = 158400 J
Hence, the energy used by the light bulb in half an hour is 180000 J and the amount of thermal energy generated is 158400 J.
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