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If an administration pursues expansionary policy before an election to bring down unemployment, it can: Question 5 options: produce inflation only if the real interest
If an administration pursues expansionary policy before an election to bring down unemployment, it can: Question 5 options: produce inflation only if the real interest rate is zero to begin with. produce disinflation if the expansionary monetary policy is unanticipated. produce inflation if the targeted rate of unemployment is too low. lower people's expectations about inflation through a sense of false complacency
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