Which of the following shows how expectations affect reality in economics?
A. People always act logically
B. If people believe prices will rise, they buy more now
C. Wages never change
D. Savings always increase during inflation

Question

MaximoRykei · Answer

The correct answer is letter B. If people expect prices to rise, they often buy goods earlier. These expectations can affect actual market behavior, making them a powerful force in economics.

Which of the following shows how expectations affect reality in economics? A. People always act logically B. If people believe prices will rise, they buy more now C. Wages never change D. Savings always increase during inflation

Answer (1)

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Which of the following shows how expectations affect reality in economics?
A. People always act logically
B. If people believe prices will rise, they buy more now
C. Wages never change
D. Savings always increase during inflation

[Sagot para sa’yo] Sources of Information to Find Work

[Sagot para sa’yo] Give an example of a cultural symbol that represent Filipino identity. Explain why you consider it as a cultural symbo