Figure 28-3 -Refer to Figure 28-3.If Firms and Workers Have Rational Expectations,an

question 101

Multiple Choice

Figure 28-3

-Refer to Figure 28-3.If firms and workers have rational expectations,an expansionary monetary policy will cause the short-run equilibrium to move from

• A) point B to point C.
• B) point C to point A.
• C) point A to point B.
• D) point B to point A.
• E) point A to point C.

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