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Author Question: Assuming that the rational expectations hypothesis is NOT in effect, in the short run an ... (Read 124 times)

hbsimmons88

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on: Jun 30, 2018
Assuming that the rational expectations hypothesis is NOT in effect, in the short run an expansionary monetary policy should
 
  A) generate stagflation.
  B) shift the aggregate supply function.
  C) increase real Gross Domestic Product (GDP) and the price level.
  D) increase the rate of unemployment.

Question 2

If the institutions in an economy change from being extractive to inclusive, the return-to-entrepreneurship schedule in the economy will:
 
  A) become vertical. B) shift leftward.
  C) become horizontal. D) shift rightward.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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tennis14576

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Reply #1 on: Jun 30, 2018
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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hbsimmons88

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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