Suppose that during the last ten years Nicole tried to forecast future inflation rates to negotiate her salary. Every year she used all available information and even incorporated news about the conduct of monetary policy. However, her forecasts were sometimes above and sometimes below the actual inflation rate. Was Nicole forming rational expectations?

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Strawberry plants reproduce by

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?