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    Macroeconomics Study Set 68
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    Exam 6: An Introduction to Macroeconomics
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    If Expectations Were Always Met, Then fiRms Would Never Contribute
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If Expectations Were Always Met, Then fiRms Would Never Contribute

Question 16

Question 16

True/False

If expectations were always met, then firms would never contribute to any of the short-run
fluctuations in employment and output that are observed in real-world economies.

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