14. The belief that the government can do absolutely nothing in either the short run or the...

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14. The belief that the government can do absolutely nothing in either the short run or the long run to reduce the unemployment rate, because people will anticipate the government’s actions, is held by the

a. rational expectations school.

b. neo-Keynesian school.

c. classical school.

d. supply-side school.

e. Keynesian school.

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Economics For Today

ISBN: 9781594632914

6th Edition

Authors: Irvin B. Tucker

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