Implied in New Keynesian Theory Is That When Policy Is

question 10

Multiple Choice

Implied in new Keynesian theory is that when policy is correctly anticipated,there is a tradeoff between inflation and unemployment in

• A) neither the short run nor the long run.
• B) both the short run and the long run.
• C) the short run,but not in the long run.
• D) the long run,but not in the short run.

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