Important sense the term strategy irrelevance proposition, Ask an Expert

Economics

Money & Growth

Evaluate the statement: "In an important sense the term policy irrelevance proposition is misleading because if the rational expectations hypothesis is valid, economic policy actions can have significant effects on real GDP & the unemployment rate"

correct or incorrect statement?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9210050

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