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    Economics Study Set 8
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    Exam 34: Inflation, Deflation, and Macro Policy
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    According to the Text, If Individuals Base Their Expectations on Economic
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According to the Text, If Individuals Base Their Expectations on Economic

Question 141

Question 141

Multiple Choice

According to the text, if individuals base their expectations on economic models, we say that their expectations are:


A) rational.
B) historical.
C) adaptive.
D) extrapolative.

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