The Argument That Econometric Policy Evaluation Is Likely to Be

question 9

Multiple Choice

The argument that econometric policy evaluation is likely to be misleading if policymakers assume stable economic relationships is known as

• A)the monetarist revolution.
• B)the Lucas critique.
• C)public choice theory.
• D)new Keynesian theory.

---

Definitions:

Mob

A large and disorderly crowd of people often involved in chaotic or aggressive behavior, sometimes resulting in riots or vandalism.

Group Polarization

The phenomenon where a group's prevailing attitudes or beliefs become more extreme following group discussions.

Prospective Terrorists

Individuals who are considered to be at risk of engaging in acts of terrorism in the future.

Interfacing Online

The interaction between users and digital platforms or services through the internet.