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Author Question: The new classical theoretical critique of the existing macroeconomic models is based on (Read 74 times)

chandani

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on: Apr 19, 2019

Question 1

Traditional macroeconomic models assume that people's expectations of inflation


◦ are determined by looking at all the relevant information and forecasting the future inflation rate.
◦ will be zero in the future.
◦ are set by assuming a continuation of present inflation.
◦ are set by merely guessing what the future inflation rate will be.

Question 2

The new classical theoretical critique of the existing macroeconomic models is based on


◦ the way people form their expectations.
◦ the nature of the tradeoff between inflation and growth.
◦ wages and labor market equilibrium.
◦ the link between the money market and the goods market.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by chandani on Apr 19, 2019

Melissahxx

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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chandani

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Reply #2 on: Apr 19, 2019
Excellent


Melissahxx

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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