The Phillips curve assumes inflation expectations are rational.
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Q99: Refer to the following figure when answering
Q100: If the central bank reduces the money
Q101: If the Fed mistakenly believes that potential
Q102: The money demand curve slopes upward with
Q103: When the Fed targets the interest rate,
Q105: The nominal interest rate is the opportunity
Q106: When the Federal Reserve increases the interest
Q107: The Fed has perfect information about the
Q108: In the Phillips curve, Q109: The term structure of interest rates is
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