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Author Question: Related to the E conomics in Practiceon p. 645: Surveys by the bank of England suggest that ... (Read 84 times)

aabwk4

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on: Apr 19, 2019

Question 1

The economic view that retains the assumption of rational expectations but drops the assumption of completely flexible prices and wages is called


◦ new Keynesian economics.
◦ supply-side economics.
◦ monetarism.
◦ real business-cycle economics

Question 2

Related to the E
conomics in Practice on p. 645: Surveys by the bank of England suggest that consumers tend to expect future inflation to be


◦ what they perceive past inflation to have been.
◦ equal to the actual estimates of past inflation made by the government.
◦ directly related to the interest rate.
◦ relatively unpredictable.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by aabwk4 on Apr 19, 2019

spencer.martell

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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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aabwk4

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Reply #2 on: Apr 19, 2019
Thank you!


spencer.martell

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Reply #3 on: Apr 19, 2019
Always glad to help...


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