If households and firms have rational expectations, is it possible for the unemployment rate to exceed the

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If households and firms have rational expectations, is it possible for the unemployment rate to exceed the natural rate of unemployment? Explain.

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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Question Posted: Dec 27, 2018 07:52 AM

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If households and firms have rational expectations, is it possible for the unemployment rate to exceed the

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Principles of Macroeconomics

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