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Author Question: The Lucas supply function states that real output is a function of the price surprise. (Read 61 times)

fahad

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on: Apr 19, 2019

Question 1

When expectations are rational, prices and wages are, on average, set at market-clearing levels.


◦ true
◦ false

Question 2

The Lucas supply function states that real output is a function of the price surprise.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fahad on Apr 19, 2019

TDubDCFL

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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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fahad

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
Excellent

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