If government policy makers become more secretive,then the short run aggregate supply curve should get
A) flatter.
B) more horizontal.
C) vertical.
D) steeper.
Correct Answer:
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Q21: In the new classical model,stabilization policies
A)cannot affect
Q22: Monetarists and Keynesians agree that expectations are
A)backwards-looking.
B)rational.
C)unstable.
D)forwards-looking.
Q23: When expectations are rational,
A)a foreseen expansionary policy
Q24: Keynesians disagree with the new classical model
Q25: In the rational expectations model
A)markets are perfectly
Q27: According to the new classical theory,a monetary
Q28: Like the monetarists,new classical economists favor
A)money growth
Q29: "All available information" in the definition of
Q30: According to new classical economists,
A)deficits should have
Q31: According to Thomas Sargent and other new
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