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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    Explain Economist Robert Lucas's Arguments Justifying the Imperfect-Information Model
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Explain Economist Robert Lucas's Arguments Justifying the Imperfect-Information Model

Question 48

Question 48

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Explain economist Robert Lucas's arguments justifying the imperfect-information model?

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Lucas pointed out that it is t...

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