Why could an unexpected change in inflation change real wages and unemployment, while an expected change in

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Why could an unexpected change in inflation change real wages and unemployment, while an expected change in inflation could not?

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Nov 01, 2024 08:00 AM

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2. Why could an unexpected change in inflation change real wages and unemployment, while an expected change in inflation could not?
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Why could an unexpected change in inflation change real wages and unemployment, while an expected change in inflation could not?
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Why could an unexpected change in inflation change real wages and unemployment, while an expected change in

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Exploring Macroeconomics

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