Multiple Choice
According to the rational expectation view, the government can change real output:
A) with appropriate, well-publicized fiscal and monetary policies.
B) with appropriate, well-publicized fiscal and monetary policies in the short run, but not in the long run.
C) only by making unexpected changes in aggregate demand.
D) without ever affecting the price level.
Correct Answer:
Verified
Correct Answer:
Verified
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