Expectations play an important role in determining the level of economic activity and how the level of

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Expectations play an important role in determining the level of economic activity and how the level of activity will change. What events might cause people to expect a recession?

What events might cause people to expect inflation? What could be done to make the economy more predictable and help stabilize expectations?

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Economics Theory And Practice

ISBN: 9781118949733

11th Edition

Authors: Patrick J. Welch, Gerry F. Welch

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