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    Principles of Macroeconomics
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    Exam 17: The Short-Run Tradeoff Between Inflation and Unemployment
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    Proponents of Rational Expectations Theory Have Argued That the Sacrifice
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Proponents of Rational Expectations Theory Have Argued That the Sacrifice

Question 67

Question 67

Multiple Choice

Proponents of rational expectations theory have argued that the sacrifice ratio could be as small as what?


A) 0
B) 2
C) 4
D) 6

Correct Answer:

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