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    Macroeconomics Policy and Practice
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    Exam 21: The Role of Expectations in Macroeconomic Policy
  5. Question
    Under What Circumstances Might It Be "Rational" to Rely on Adaptive
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Under What Circumstances Might It Be "Rational" to Rely on Adaptive

Question 44

Question 44

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Under what circumstances might it be "rational" to rely on adaptive expectations?

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Adaptive expectations are based on the p...

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