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
given,
mass of satellite = 545 Kg
R = 6.4 x 10⁶ m
H = 2 x 6.4 x 10⁶ m
Mass of earth = 5.972 x 10²⁴ Kg
height above earth is equal to earth's mean radius
a) satellite's orbital velocity
centripetal force acting on satellite = 
gravitational force = 
equating both the above equation



v = 5578.5 m/s
b) 


T = 14416.92 s

T = 4 hr
c) gravitational force acting


F = 5202 N
The gravitational force between a mass and the Earth is the object'sweight. Mass is considered a measure of an object's inertia, and its weight is the force exerted on the object in a gravitational field. On the surface of the Earth, the two forces are related by the acceleration due to gravity: Fg = mg.
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Answer:
The formula for speed is speed=<u>d</u><u>i</u><u>s</u><u>t</u><u>a</u><u>n</u><u>c</u><u>e</u>
time
Explanation:
to work out what the units are for speed,you need to know the units for distance and time.In this example,distance is in metres(m) and time is in seconds (s) , so the units for speed is metre per second (m/s).