9. When the effects of a more expansionary macroeconomic policy are quickly and accurately anticipated, the policy will Group of answer choices -increase inflation without reducing unemployment. -increase unemployment while exerting little impact on inflation. -decrease unemployment while exerting little impact on inflation. -fail to exert a significant impact on either unemployment or inflation.   Which is correct?

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: The Short-run Trade-off Between Inflation And Unemployment
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9.

When the effects of a more expansionary macroeconomic policy are quickly and accurately anticipated, the policy will
Group of answer choices
-increase inflation without reducing unemployment.
-increase unemployment while exerting little impact on inflation.
-decrease unemployment while exerting little impact on inflation.
-fail to exert a significant impact on either unemployment or inflation.
 
Which is correct?
 
 
 
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