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NYC NYC
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8 years ago
According to the rational expectation hypothesis, unpredictable shocks may cause:
A) sustained levels of unemployment.
B) uncontrollable inflation.
C) disequilibrium in the labor market.
D) long-lasting recession.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Good answer, thanks.
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