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Rational Expectations
A theory suggesting that individuals form future expectations based on all available information, including predictions about monetary and fiscal policies.
Monetary
Relating to money or currency, especially the management of money supply and interest rates by a government.
Supply-Side
Economic policies or conditions focused on increasing the supply of goods and services, typically involving tax cuts or incentives for producers.
New Classical Economists
Economists who advocate for the theory that markets are clear and that economic players always make rational decisions based on available information.
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