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    Macroeconomics Policy and Practice
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    Exam 11: Aggregate Supply and the Phillips Curve
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    How Do You Suppose Most People Form an Expectation of Future
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How Do You Suppose Most People Form an Expectation of Future

Question 55

Question 55

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How do you suppose most people form an expectation of future inflation? Is that method consistent with the assumption of adaptive expectations?

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Like any mechanic in the Bronx,most peop...

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