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If people have rational expectations, an announced monetary contraction by the Bank of Canada that is credible could reduce inflation with little or no increase
If people have rational expectations, an announced monetary contraction by the Bank of Canada that is credible could reduce inflation with little or no increase in unemployment. Question 7 options: True False
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
