Question
The rational expectations theory claims that a.anticipated money supply has no effect in the economy and unanticipated money supply has more of inflationary effect on
The rational expectations theory claims that
a.anticipated money supply has no effect in the economy and unanticipated money supply has more of inflationary effect on the economy.
b.anticipated money supply has more of real effect in the economy and unanticipated money supply has no effect on the economy.
c.anticipated money supply has more of real effect on the economy and unanticipated money supply has more of inflationary effect on the economy.
d.anticipated money supply has more of inflationary effect on the economy and unanticipated money supply has more of real effect on the economy.
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
