The Idea That Anticipated Monetary Policy Changes Cannot Affect Real

question 95

Multiple Choice

The idea that anticipated monetary policy changes cannot affect real GDP or employment is known as

• A)the systematic policy hypothesis.
• B)the policy irrelevance theorem.
• C)the policy relevance theorem.
• D)the Keynesian hypothesis.

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Definitions:

Price Discounting

A strategy of reducing the selling price of goods or services to attract customers or drive sales volume.