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    Money and Banking Study Set 1
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    Exam 26: Rational Expectations Redux: Monetary Policy Implications
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    Unanticipated EMP Has ____ Effect on Output in the New
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Unanticipated EMP Has ____ Effect on Output in the New

Question 51

Question 51

Multiple Choice

Unanticipated EMP has ____ effect on output in the new Keynesian model compared to the standard version.


A) a greater
B) less of an
C) the same
D) cannot be determined

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