Question: The rational expectations hypothesis indicates that a monetary policy designed to alter real Gross Domestic Product (GDP) will fail unless O A. labor unions have
The rational expectations hypothesis indicates that a monetary policy designed to alter real Gross Domestic Product (GDP) will fail unless O A. labor unions have long-term contracts. O B. there are unanticipated changes in the money supply O C. changes in the money supply are completely anticipated O D. wages and prices are flexible
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