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    Exam 17: Stabilization in an Integrated World Economy
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 31

Question 31

Multiple Choice

  -Refer to the above figure. The rational expectations hypothesis implies that an anticipated decrease in aggregate demand from   to   will A)  move the economy from b to c. B)  move the economy from b to a. C)  move the economy from c to a. D)  shift the aggregate supply (AS)  curve to the left.
-Refer to the above figure. The rational expectations hypothesis implies that an anticipated decrease in aggregate demand from   -Refer to the above figure. The rational expectations hypothesis implies that an anticipated decrease in aggregate demand from   to   will A)  move the economy from b to c. B)  move the economy from b to a. C)  move the economy from c to a. D)  shift the aggregate supply (AS)  curve to the left. to   -Refer to the above figure. The rational expectations hypothesis implies that an anticipated decrease in aggregate demand from   to   will A)  move the economy from b to c. B)  move the economy from b to a. C)  move the economy from c to a. D)  shift the aggregate supply (AS)  curve to the left. will


A) move the economy from b to c.
B) move the economy from b to a.
C) move the economy from c to a.
D) shift the aggregate supply (AS) curve to the left.

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