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Question 2 If the public adopts rational expectations I. Expansionary policies that have been announced will lower unemployment. II. Expansionary policies that have not been

Question 2 If the public adopts rational expectations I. Expansionary policies that have been announced will lower unemployment. II. Expansionary policies that have not been announced will lower unemployment. II is true but not I I is true but not II Both I and II are true Neither I nor II is true

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