Business, 18.08.2020 22:01 arturo698839
On most points along a short run phillips curve, expectations of inflation are generally:
a. greater than actual inflation because people tend to overreact to inflationary predictions.
b. lower than actual inflation because of the money illusion.
c. not equal to actual inflation.
d. equal to actual inflation.
Answers: 1
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On most points along a short run phillips curve, expectations of inflation are generally:
a. greate...
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