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Scribs Scribs
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6 years ago
The "time inconsistency" argument is that a downward shift of the short-run Phillips Curve, which comes about with a ________ of inflationary expectations, is more likely when monetary policy ________.
A) lowering, follows a rigid rule
B) lowering, is at the discretion of policymakers
C) raising, follows a rigid rule
D) raising, is at the discretion of policymakers
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
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Scribs Author
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6 years ago
This took a huge load off my back this semester
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