Business, 01.12.2021 01:10, aisis21

If expectations are formed rationally, then Group of answer choices monetary policy has real effects in the long run. inflation will only hurt lenders and not borrowers. activist monetary policy may yield no gains whatsoever. individuals expect inflation equal to their most recent experience. inflation will only hurt borrowers and not lenders.

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If expectations are formed rationally, then Group of answer choices monetary policy has real effects...