Homework Clinic
Social Science Clinic => Economics => Macroeconomics => Topic started by: Redwolflake15 on Jan 2, 2020
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According to the Friedman-Lucas money surprise model, we should expect a stable relationship between
◦ the inflation rate and deviations of real output from trend.
◦ deviations in the inflation rate from what it is expected to be and deviations in real output from trend.
◦ the inflation rate and the level of real output over the long periods of time only.
◦ the inflation rate and the level of real output.
◦ deviations in the inflation rate from what it is expected to be and the level of real output from trend.
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deviations in the inflation rate from what it is expected to be and deviations in real output from trend.