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Author Question: According to the Lucas supply function, if the expected price level is smaller than the actual price level (Read 123 times)

@Brianna17

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on: Apr 19, 2019

Question 1

Those who believe in the rational expectations hypothesis advocate ________ policy intervention.


◦ continual
◦ sporadic
◦ limited
◦ no

Question 2

According to the Lucas supply function, if the expected price level is smaller than the actual price level


◦ real output decreases.
◦ real output increases.
◦ real output must be at a maximum.
◦ real output must be at a minimum.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by @Brianna17 on Apr 19, 2019

k.lashomb

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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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@Brianna17

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Reply #2 on: Apr 19, 2019
Thanks


k.lashomb

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Reply #3 on: Apr 19, 2019
Welcome :)


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