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Which of the following is most likely to be correct? Employers and employees adapt their price expectations according to the general price level they experience.

Which of the following is most likely to be correct?
Employers and employees adapt their price expectations according to the general price level they experience.
Employers and employees adapt their price expectations according to the general price level reported by the central bank.
Employers and employees adapt their price expectations according to the general price level reported by the news media.
Employers and employees adapt their price expectations according to the general price level reported by the NBER.

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