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    Macroeconomics Study Set 26
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    Exam 12: Monetary Policy and the Phillips Curve
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    Expected Inflation Is
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Expected Inflation Is

Question 73

Question 73

Multiple Choice

Expected inflation is:


A) equal to zero.
B) equal to the real interest rate.
C) equal to future periods' inflation rate.
D) the rate of inflation that firms believe will prevail in macroeconomy.
E) about 2 percent.

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