Why might the theory of rational expectations be more, Microeconomics

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Why might the theory of rational expectations be more

Problem

1. Are forecasts based on rational expectations always correct?

2. Why might the theory of rational expectations be more relevant in explaining the behavior of financial markets than the effect of monetary policy on the level of output and employment?

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Microeconomics: Why might the theory of rational expectations be more

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Microeconomics: Why might the theory of rational expectations be more

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