From 8d1f363924c71b34899081c0eae1764d2bc48b60 Mon Sep 17 00:00:00 2001 From: mmcky Date: Wed, 11 Oct 2023 12:49:07 +1100 Subject: [PATCH] fix minor spelling mistake --- lectures/cagan_adaptive.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/lectures/cagan_adaptive.md b/lectures/cagan_adaptive.md index ecf1f5c3..07d0aa68 100644 --- a/lectures/cagan_adaptive.md +++ b/lectures/cagan_adaptive.md @@ -278,7 +278,7 @@ $$ (eq:notre) This outcome is typical in models in which adaptive expectations hypothesis like equation {eq}`eq:adaptexpn` appear as a component. -In this lecture {doc}`monetaris theory of the price level `, we studied a version of the model that replaces hypothesis {eq}`eq:adaptexpn` with +In this lecture {doc}`monetarist theory of the price level `, we studied a version of the model that replaces hypothesis {eq}`eq:adaptexpn` with a "perfect foresight" or "rational expectations" hypothesis.