In an article in the Economist magazine, a survey on expectations about standards of living yielded the

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In an article in the Economist magazine, a survey on expectations about standards of living yielded the following conclusion: “Half thought the next generation would have a lower standard of living, double the share that thought living standards would rise.”What does this imply about expectations about real GDP growth rates in coming years?
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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