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Author Question: If workers and firms ignore inflation or form their inflation expectations adaptively, expansionary ... (Read 99 times)

Jramos095

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If workers and firms ignore inflation or form their inflation expectations adaptively, expansionary monetary policy will lower unemployment permanently.
 
  Indicate whether the statement is true or false

Question 2

An increase in the price level results in a(n) ________ in household consumption spending and a(n) ________ in investment spending.
 
  A) decrease; increase B) increase; decrease C) increase; increase D) decrease; decrease



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mcabuhat

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Answer to Question 1

FALSE

Answer to Question 2

D




Jramos095

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


Zebsrer

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Reply 3 on: Yesterday
Gracias!

 

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