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-Refer to the Above Figure

Question 254

Multiple Choice

-Refer to the above figure. The rational expectations hypothesis implies that an anticipated increase in aggregate demand from AD1 to AD2 will A) move the economy from c to b. B) move the economy from a to b. C) move the economy from a to c. D) will shift the aggregate supply (AS) curve to the right.
-Refer to the above figure. The rational expectations hypothesis implies that an anticipated increase in aggregate demand from AD1 to AD2 will


A) move the economy from c to b.
B) move the economy from a to b.
C) move the economy from a to c.
D) will shift the aggregate supply (AS) curve to the right.

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