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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 80
Circle the letter that corresponds to the best answer. The rational expectationists believe that fiscal and monetary policy are ________.
A) most effective fighting recessions
B) most effective fighting inflation
C) more effective in influencing aggregate supply than aggregate demand
D) not effective
A) most effective fighting recessions
B) most effective fighting inflation
C) more effective in influencing aggregate supply than aggregate demand
D) not effective
Explanation
Verified
Verified
The option a is the incorrect option. Th...
Macroeconomics 11th Edition by Stephen Slavin
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