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LeaP LeaP
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5 years ago
According to economists Robert Lucas and Thomas Sargent, the apparent short-run trade-off between unemployment and inflation in the 1950s and 1960s was the result of
A) unexpected changes in monetary policy.
B) expected changes in monetary policy.
C) unexpected changes in fiscal policy.
D) expected changes in Answer: olicy.
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InMacro

InMacro


Edition: 1st
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wrote...
5 years ago
olicy.
Answer: A
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