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:
11250 seconds or 187.5 mins
Explanation:
The formula to be used here is that of speed.
Speed (in m/s) = distance (meter) ÷ time (secs)
The speed provided is 32 meters per second
The distance provided will have to be converted to meters; 360 km = 360 × 1000 = 360000 meters
Thus,
32 = 360000 ÷ time
time = 360000 ÷ 32
time = 11250 seconds or 187.5 mins
It will take Naomi 11250 seconds to get to New York
Answer:
Only kinetic.
Explanation:
Potential energy means it has the potential to move. Not something already in motion.
Answer:
APA and MLA are the two format sources.
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