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    Exam 17: A Brief History of Macroeconomic Thought and Policy
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    The Rational Expectations Hypothesis Suggests That Monetary Policy, Even Though
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The Rational Expectations Hypothesis Suggests That Monetary Policy, Even Though

Question 54

Question 54

True/False

The rational expectations hypothesis suggests that monetary policy, even though it will
Jaffect the aggregate demand curve, might have no effect on real GDP.

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