If an increase in the growth rate of AD leads to an increase in real GDP in the short run:
A) the increase in AD was correctly anticipated.
B) the increase in AD was greater than anticipated.
C) the increase in AD was less than anticipated.
D) the increase in AD could have been any of the above.
Correct Answer:
Verified
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A)forecasts that are technically correct.
B)forecasts
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Q106: With rational expectations, a policy that would
Q107: Exhibit 19-1
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