Question: The less important expectations about policy are to movements of the aggregate supply curve, the stronger the case is for discretionary policy to eliminate unemployment.
“The less important expectations about policy are to movements of the aggregate supply curve, the stronger the case is for discretionary policy to eliminate unemployment.” Is this statement true, false, or uncertain? Explain your answer.
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True If expectations about policy have no effect on the shortrun aggregate supply curve a cos... View full answer
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