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NYC NYC
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8 years ago
The Lucas supply model, ________ the assumption that expectations are rational, leads to the conclusion that ________ policy changes can have an impact on output.
A) in combination with; only anticipated
B) in contrast to; both unanticipated and anticipated
C) in contrast to; neither unanticipated nor anticipated
D) in combination with; only unanticipated
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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8 years ago
Perfect answer, thank you
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