Term strategy irrelevance proposition is misleading

Reference no: EM1334680

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?

Reference no: EM1334680

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Term strategy irrelevance proposition is misleading : important sense the term strategy irrelevance proposition is misleading because if the rational expectations

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