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Author Question: The Lucas supply function implies that only anticipated policy changes have an effect on real output. (Read 82 times)

craiczarry

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on: Apr 19, 2019

Question 1

The rational expectations hypothesis assumes that people know the "true model" of the economy and form their expectations of the future based on this model.


◦ true
◦ false

Question 2

The Lucas supply function implies that only anticipated policy changes have an effect on real output.


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

Pswine

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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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craiczarry

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Reply #2 on: Apr 19, 2019
TY


Pswine

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Reply #3 on: Apr 19, 2019
You're welcome


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