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    Exam 19: Current Issues in Macro Theory and Policy
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    The View That Anticipated Changes in the Money Supply Will
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The View That Anticipated Changes in the Money Supply Will

Question 219

Question 219

Multiple Choice

The view that anticipated changes in the money supply will have no effect on the economy's output would most likely be a proposition of


A) mainstream macroeconomics.
B) rational expectations theory.
C) real-business-cycle theory.
D) monetarism.

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