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While much of New Classical macroeconomics is being refuted by the evidence, at least one part of it ...

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While much of New Classical macroeconomics is being refuted by the evidence, at least one part of it ...

While much of New Classical macroeconomics is being refuted by the evidence, at least one part of it may be a permanent legacy to all economists. It is the insistence on a certain aspect of macroeconomic policy:
A) It has as much impact on SAS as on AD.
B) It has its impact on nominal and not real variables.
C) People will try to anticipate it and then act accordingly.
D) It has no impact on SAS or AD, but does affect LAS.

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Macroeconomics

Edition: 12^th

Author: Gordon

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This helped my grade so much Perfect

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