6. Why does the combination of the rational expectations hypothesis and the assumption of continuous market clearing
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6. Why does ‘the combination of the rational expectations hypothesis and the assumption of continuous market clearing’ imply that output and employment fluctuate randomly around their natural levels?
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Related Book For 
Monetary Economics Policy And Its Theoretical Basis
ISBN: 9780333792551
1st Edition
Authors: Keith Bain, Peter Howells
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