Which is a key difference between a rational expectations perspective and an adaptive expectations perspective?

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asked May 6, 2024 96.5k views

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Toughy · Answer 1 · 2024-05-10T22:28:07+0000

Answer: the adaptive expectation perspective assumes individuals have limited access to economic date, whereas the rational expectations perspective assumes that individuals have complete access to economic data.

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Which is a key difference between a rational expectations perspective and an adaptive expectations perspective?

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