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Author Question: If workers and firms ignore inflation or form their inflation expectations adaptively, expansionary ... (Read 65 times)

Jramos095

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


Jramos095

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Reply 2 on: Jun 29, 2018
Gracias!

meow1234

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Reply 3 on: Yesterday
:D TYSM

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