What is the effect of an increase in anticipated future inflation in the basic New Keynesian model?

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 11:42 AM

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What is the effect of an increase in anticipated future inflation in the basic New Keynesian model?

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The Keynesian theory implied that during a re...View the full answer

Macroeconomics

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