Question

Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False

Answer 1

False

Step-by-step explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false