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According to the Rational Expectations School,people Base Their Expectations About

Question 123

Multiple Choice

According to the rational expectations school,people base their expectations about inflation on:


A) the announcement of a change in policy.
B) weighted averages of previous inflation rates,with the most distant getting the heaviest weight.
C) all information available to them.
D) changes in monetary policy only.
E) changes in both monetary and fiscal policy.

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