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    Exam 26: Controversies Over Stabilization Policy
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    When Individuals and Firms Base Their Expectations on the Best
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When Individuals and Firms Base Their Expectations on the Best

Question 63

Question 63

Multiple Choice

When individuals and firms base their expectations on the best use of whatever information is available,they conform to the theory of ________ expectations.


A) great
B) passive
C) limited
D) systematic
E) rational

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