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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 3
Suppose the government undertakes an expansionary fiscal policy measure chat raises aggregate demand, but individuals incorrectly anticipate the policy measure (bias upward). What will the short- and long-run changes be in the price level and Real GDP?
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New classical theory makes two major ass...
Macroeconomics 10th Edition by Roger Arnold
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