What are expectations, and why are they important, in macroeconomic models? What would you think about a macroeconomic model that assumed that people’s expectations of inflation were constant, even though the inflation rate changed over time?
What is the relationship between a country’s savings, its government budget deficit, its domestic investment in physical capital, and its foreign investment?
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ECO320: Review Questions was first posted on September 30, 2020 at 9:00 am.
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