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The Belief That the Government Can Do Absolutely Nothing in Either

Question 3

Multiple Choice

The belief that the government can do absolutely nothing in either the short run or the long run to reduce the unemployment rate, because people will anticipate the government's actions, is held by the:


A) rational expectations school.
B) neo-Keynesian school.
C) classical school.
D) supply-side school.
E) Keynesian school.

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