The Proposition That Policy Actions Have No Real Effects in the Short

question 79

Multiple Choice

The proposition that policy actions have no real effects in the short run if the policy actions are anticipated is known as

• A)the unemployment stabilization proposition.
• B)the policy irrelevance proposition.
• C)the inflation stabilization proposition.
• D)the Keynesian proposition.

---

Definitions:

Auditory Ossicles

The three small bones in the middle ear that are critical in transmitting sound vibrations to the inner ear.

Axial

Relating to the central part of the body, which includes the head, neck, and trunk.

Intervertebral Disk

A fibrocartilaginous disc situated between adjacent vertebrae in the vertebral column, acting as a shock absorber and allowing movement.

Thoracic Region

The part of the body including the chest, between the neck and the abdomen, containing the thoracic vertebrae and ribs.