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  3. Study Set
    Macroeconomics Principles Applications
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    Exam 16: The Dynamics of Inflation and Unemployment
  5. Question
    Rational Expectations of Inflation Means That When Decisions Are Made
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Rational Expectations of Inflation Means That When Decisions Are Made

Question 6

Question 6

True/False

Rational expectations of inflation means that when decisions are made regarding inflation, people use information rather than making assumptions that inflation will rise or decline in the future.

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