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    Exam 15: Stabilization Policy, output, and Employment
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    Use the Table Below to Choose the Correct Answer
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Use the Table Below to Choose the Correct Answer

Question 26

Question 26

Multiple Choice

Use the table below to choose the correct answer.
Use the table below to choose the correct answer.   According to the adaptive expectations hypothesis,at the beginning of period 3,decision makers would expect inflation during period 3 to be A) 2 percent. B) 5 percent. C) 7 percent. D) 8 percent.
According to the adaptive expectations hypothesis,at the beginning of period 3,decision makers would expect inflation during period 3 to be


A) 2 percent.
B) 5 percent.
C) 7 percent.
D) 8 percent.

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