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    Macroeconomics Study Set 39
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    Exam 15: A Dynamic Model of Economic Fluctuations
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    Expectations of Inflation Based on Recently Observed Inflation Is Called
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Expectations of Inflation Based on Recently Observed Inflation Is Called

Question 30

Question 30

Multiple Choice

Expectations of inflation based on recently observed inflation is called the assumption of _____ expectations.


A) natural
B) rational
C) dynamic
D) adaptive

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