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Are the following hypotheses, Cukierman-Meltzer and Friedman-Ball, important to macroeconomics? If yes or no,please write down your impression (opinion) precisely and then support the reasons

Are the following hypotheses, Cukierman-Meltzer and Friedman-Ball, important to macroeconomics? If yes or no,please write down your impression (opinion) precisely and then support the reasons from your opinion with theeconomic theory.

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