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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Economists have identified two kinds of macroeconomic expectations.
a. Define them.
b. What are the implications for macroeconomic policy of these two forms of expectations?
2. Write down the government budget constraint and explain how it can be used to understand the relationship between fiscal and monetary policies.
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