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ASAP TO RATE HIGHER Expectations play a huge role in macroeconomics. Keynes called them animal spirits. There are some economists who believe that even when

ASAP TO RATE HIGHER

Expectations play a huge role in macroeconomics. Keynes called them animal spirits. There are some economists who believe that even when the pandemic goes away and the economy is able to fully function that there may be a considerable time lag before it does. Explain why this is so?

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