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    The Economics of Money Banking Study Set 4
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    Exam 25: Rational Expectations: Implications for Policy
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    In the New Classical Model,an Expansionary Monetary Policy Will Lead
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In the New Classical Model,an Expansionary Monetary Policy Will Lead

Question 54

Question 54

Multiple Choice

In the new classical model,an expansionary monetary policy will lead to a decline in aggregate output if the increase in money supply is ________ anticipated.


A) less than
B) greater than
C) not
D) as

Correct Answer:

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