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What type of view of economic did the rational expectation school of economics headed by lucas and sargent. take?

macroeconomic


What type of view of economics did the Rational Expection School of Economics headed by Lucas and Sargent take?

macroeconomic


What is an example sentence using the word rational?

He was the only rational choice to vote for.She is level-headed and rational.


What does it mean when someone refers to another person as rational?

When someone refers to another person as rational that means they are level-headed and that they think things through logically. Irrational person is someone who thinks nothing through and just acts impulsively.


What does the idiom level headed mean?

The idiom "level-headed" refers to someone who is calm, rational, and able to make sound decisions in difficult situations. It describes a person who remains composed and clear-minded, even under pressure.


Make a sentence using word Rational?

Rational - having the qualities of rationality. Level headed, well thought-out, considering."Let's all calm down and be rational here, one of needs to exit the balloon if the rest of us are to survive," said the Irishman to his English and Scottish co-pilots.I'm just trying to be rational; I'll give you half your allowance now, and half when you finish your chores.


What characteristics does the poet associate with fourth stage of man?

The fourth stage is the soldier, who is classified as hard-headed, yearning for prestige, hot-headed and rash. He yearns for respect so much that he will jump in line of fire for it. As opposed to the third stage, the lover, he has grown much more independent and rational, though perhaps he is not fully rational yet. Also, in contrast the the fifth stage the judge, the soldier is fueled by passion and duty to his country, full of life and ambition.


What does being level headed mean?

Being level-headed means staying calm and rational in challenging situations without becoming overly emotional or reactive. It involves making decisions based on logic and reason, rather than impulsivity or strong emotions.


The theory that seeks to explain political processes and outcomes as consequences of purposive behavior is called a. theory of party eras. b. three-headed political giant theory. c.?

The correct answer is the Rational-choice theory.


Who headed the yayoi clans?

The Yayoi clans were headed by religious elders


What word is better than reasonable?

sensible, rational, judicious, practical, realistic, sound, evenhanded, equitable, intelligent, wise, logical and level-headed.


Where is Robinson crusoe headed when he is shipwreck?

He was headed for Africa