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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Which organic compound forms much of the structure of cells?
Answer: A Carbohydrates
Answer:
240 ohms
Explanation:
From Ohms law we deduce that V=IR and making R the subject of the formula then R=V/I where R is resistance, I is current and V is coltage across. Substituting 120 V for V and 0.5 A for A then
R=120/0.5=240 Ohms
Alternatively, resistance is equal to voltage squared divided by watts hence 
Answer:
11.3 g/cm^3
Explanation:
density = mass/volume
volume of rectangular prism = length * width * height
volume = (4.50 cm)(5.20 cm)(6.00 cm) = 140.4 cm^3
mass = 1587 g
density = (1587 g)/(140.4 cm^3)
density = 11.3 g/cm^3
