As soon as Alex saw Madison's hair, she had that "oh shit" look on her face. "You can't make this better," Madison said, "I know that was your true reaction."
by MadiCat June 22, 2014
Get the true reaction mug.by urafckinbich April 18, 2016
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by hisbabiigirl20 January 24, 2008
Get the rational mug.(n.) A event of the penis in which an erection is lost at an unusally rapid speed(often caused by the sight of an unattractive female). Pronounced like "erection" with a "d" in front of it. Opposite of an erection.
by D Squeezy February 8, 2005
Get the de-rection mug.*noun*; a method of representing the economy as the sum of many identical individuals and firms, each represented by a system of mathematical equations. The Rational Expectations Hypothesis (REH) takes its name from the premise that economic actors, i.e., everyone, do not make consistent errors about the present or future behavior of markets.
REH was devised mainly as a rebuke to Keynesian economics, and in particular, the strategy of fiscal policy or monetary policy.
According to the REH, fiscal policy does not alter aggregate demand because the "average" person recognizes that her lifetime income is not increasing--so she needs to save rather than spend the stimulus money, in anticipation of higher taxes in the future.
At the same time, monetary policy does not work because it relies on lowering interest rates to make more money available; more money means inflation, but people have to be deceived into thinking prices for their product are going up, so they will expand production. According to REH, people or firms will figure this out, and see increased demand as mere inflation. Instead of increasing output and employment, they'll want to raise prices so they can meet their future bills.
According to REH, both monetary and fiscal policy rely on illusions to work; and since people (on average) will make rational estimates o the future, they will defeat these illusions.
REH was devised mainly as a rebuke to Keynesian economics, and in particular, the strategy of fiscal policy or monetary policy.
According to the REH, fiscal policy does not alter aggregate demand because the "average" person recognizes that her lifetime income is not increasing--so she needs to save rather than spend the stimulus money, in anticipation of higher taxes in the future.
At the same time, monetary policy does not work because it relies on lowering interest rates to make more money available; more money means inflation, but people have to be deceived into thinking prices for their product are going up, so they will expand production. According to REH, people or firms will figure this out, and see increased demand as mere inflation. Instead of increasing output and employment, they'll want to raise prices so they can meet their future bills.
According to REH, both monetary and fiscal policy rely on illusions to work; and since people (on average) will make rational estimates o the future, they will defeat these illusions.
The rational expectations hypothesis states that we can break the realization of a return into an expected return that depends on the current information set and an unexpected component that depends only on new information.
by Abu Yahya March 3, 2009
Get the rational expectations hypothesis mug.1984-Doctor: im sorry but you have late reaction syndrome.
Ted: i've never heard of that so its probably nothing.
1985- Jim: Hey Ted
(Punches Ted in the face)
2011-(Ted, as the white receiver playing in the superbowl. The score is tied up with 20 secs left)
Ted: Hell yeah, imma win this game for all yall!
(Ted runs out to the touchdown line. reaches out as the ball comes hurling at him. all of a sudden Ted feels face as if he is being punched in the face and flies backward from the pain)
Ted: i've never heard of that so its probably nothing.
1985- Jim: Hey Ted
(Punches Ted in the face)
2011-(Ted, as the white receiver playing in the superbowl. The score is tied up with 20 secs left)
Ted: Hell yeah, imma win this game for all yall!
(Ted runs out to the touchdown line. reaches out as the ball comes hurling at him. all of a sudden Ted feels face as if he is being punched in the face and flies backward from the pain)
by Kyle Medina February 27, 2011
Get the late reaction syndrome mug.to make excuses by masking own flaws/insecurities by explaining one's own reasoning/actions, often used to avoid the real reason or reality when all it does it make one small, simple & scared.
Joe: Bill why did you beat that guy up?
Bill: cuz he flirted with my girlfriend dude.
Joe: Umm, he was just asking where a store is.
Bill: Well, I had to protect her honor & defend her, besides he looked shifty.
Joe: You're just doing nothing but rationalize.
Bill: cuz he flirted with my girlfriend dude.
Joe: Umm, he was just asking where a store is.
Bill: Well, I had to protect her honor & defend her, besides he looked shifty.
Joe: You're just doing nothing but rationalize.
by fballjones October 12, 2010
Get the rationalize mug.