If, in a surprise victory, a new parliament is elected that the public believes will pursue inflationary

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If, in a surprise victory, a new parliament is elected that the public believes will pursue inflationary policy, predict what might happen to the level of output and inflation even before the new parliament comes into power.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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