31. Rational expectations theory implies that accurately anticipating aggregate demand a. will increase RGDP in the short

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31. Rational expectations theory implies that accurately anticipating aggregate demand

a. will increase RGDP in the short run.

b. will affect RGDP and inflation only in the long run.

c. may affect RGDP but not nominal GDP in the short run.

d. will do none of the above.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 06:00 AM

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31. Rational expectations theory implies that accurately anticipating aggregate demand a. will increase RGDP in the short

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Exploring Macroeconomics

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