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The No - Markets Fail Often camp believe Question 29Select one: A. Business expectations are always rational. B. Interest rates are more important than expectations
The "No - Markets Fail Often" camp believe Question 29Select one: A. Business expectations are always rational. B. Interest rates are more important than expectations for business investment decisions. C. Supply shocks are the only cause of business cycles. D. Most shocks are external to the economy. E. Government is the solution to business cycles, not the
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
