13. Suppose that the public believes that a newly announced anti-inflation program will work and so lowers
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13. Suppose that the public believes that a newly announced anti-inflation program will work and so lowers its expectations of future inflation. What will happen to aggregate output and the price level in the short run?
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Related Book For
The Economics Of Money Banking And Financial Markets
ISBN: 9780321122353
7th Edition
Authors: Frederic S. Mishkin
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