MYLAB ECONOMICS WITH PEARSON ETEXT -- A
MYLAB ECONOMICS WITH PEARSON ETEXT -- A
5th Edition
ISBN: 2819260099840
Author: Mishkin
Publisher: PEARSON
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Chapter 7, Problem 13Q
To determine

Expectation of a person regarding to rise in Google share’s price by 10% in the next month.

Concept Introduction:

According to the rational expectation theory, people use to make assumptions for future, these assumptions are based on the current available information, current government policy and past experiences. Assumptions are made, in order to predict the future changes in the economy.

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