How did integration of expectations into the Phillips curve analysis and rejection of the view that higher

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How did integration of expectations into the Phillips curve analysis and rejection of the view that higher inflation will reduce the unemployment rate affect macro policy in the last two decades?

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 25, 2024 05:00 AM

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How did integration of expectations into the Phillips curve analysis and rejection of the view that higher inflation will reduce the unemployment rate affect macro policy in the last two decades?
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How did integration of expectations into the Phillips curve analysis and rejection of the view that higher

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Macroeconomics Private And Public Choice

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