Write down the equation of adaptive expectations hypothesis. Illustrate it with an example. 

The adaptive expectations hypothesis is an economic theory that explains how individuals form their expectations of future events based on past experiences. According to this theory, individuals adjust their expectations over time to account for changes in the economy or other relevant factors.

The equation for adaptive expectations can be expressed as follows:

Et+1 = Et + α(Yt - Et)

where Et+1 represents the expected value of a variable in the next period, Et represents the expected value of the same variable ________ ______ ________ __________ ____ _______ _____.
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