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Author Question: The equilibrium allocation of resources in the money-surprise model is Pareto optimal if (Read 195 times)

sabina

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on: Jan 2, 2020
The equilibrium allocation of resources in the money-surprise model is Pareto optimal if
◦ the central bank can consistently fool workers.
◦ workers can distinguish between changes in the money supply and total factor productivity.
◦ inflation remains low enough.
◦ workers have sufficient bargaining power.
◦ inflation remains high enough.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by sabina on Jan 2, 2020

mjbamaung

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Reply #1 on: Jan 2, 2020
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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sabina

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Reply 2 on: Jan 2, 2020
Excellent

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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