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In the Short-Run Model, the Steady State Is Characterized By Y~t=0\tilde { Y } _ { t } = 0

Question 33

Multiple Choice

In the short-run model, the steady state is characterized by:


A) Y~t=0\tilde { Y } _ { t } = 0
B) πt=π\pi _ { t } = \pi
C) πt=πt1\pi _ { t } = \pi _ { t - 1 }
D) All of these answers are correct.
E) None of these answers are correct.

Correct Answer:

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