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View of the economy is inaccurate

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Reference no: EM131577201

You've read about rational expectations. This model suggests that people use all available information to make forecasts and alter their behavior accordingly. However, some economists think this view of the economy is inaccurate. Does this model seem accurate to you? Do you (or others you know) use the information available to make future plans? Do you think businesses or investors do? Explain your answers.

Reference no: EM131577201

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