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    Exam 11: Aggregate Supply and the Phillips Curve
  5. Question
    If Expectations About Inflation Are Adaptive,they Are ________
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If Expectations About Inflation Are Adaptive,they Are ________

Question 81

Question 81

Multiple Choice

If expectations about inflation are adaptive,they are ________.


A) quick to respond to price shocks
B) consistent with the notion of sticky prices
C) based on changes in productivity
D) all of the above
E) none of the above

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