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Which of the following is consistent with advocates of rational expectations? If consumers fully anticipate an increase in interest rates, then real GDP will increase

Which of the following is consistent with advocates of rational expectations? If consumers fully anticipate an increase in interest rates, then

real GDP will increase by the value of the multiplier.

real GDP will decrease by the value of the multiplier.

real GDP will not change.

price level will increase.

unemployment will increase.

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