Q45: One major conclusion of the rational expectations
Q46: Suppose policymakers want to keep the unemployment
Q47: A shortcoming of the rational expectations hypothesis
Q48: When inflationary expectations are added to the
Q49: The 2007-2009 recession was not as severe
Q51: The natural rate of unemployment is the
Q52: Rational expectations analysis leads to the conclusion
Q53: Most economists agree that expansionary fiscal policy
Q54: (Figure: Determining Long-Run and Short-Run Economic Shifts)
Q55: Unanticipated inflation results in
A) increasing real wages.
B)
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