Which of the following are NOT included among Gordon's criticisms of Friedman's fooling model?
A) workers buy many goods on a weekly basis and thus could discover quite quickly that prices had risen
B) workers could discover movements in the aggregate price level fairly easily
C) the model relied on a non-market-clearing explanation of the labor market
D) workers would predict higher prices if policies that led to higher prices in the past were used again
Correct Answer:
Verified
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A)people will always
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