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Can Macroeconomic Policy Be Used Systematically to Create Unanticipated Inflation

Question 30

Multiple Choice

Can macroeconomic policy be used systematically to create unanticipated inflation?


A) No, according to Keynesian economists.
B) Yes, according to classical economists.
C) No, according to classical economists.
D) Yes, according to Keynesian economists, if Ricardian equivalence holds.

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