For the Policy Irrelevance Theorem to Hold,people Must

question 80

Multiple Choice

For the policy irrelevance theorem to hold,people must

• A)know the future perfectly.
• B)not persistently make the same mistakes in forecasting the future.
• C)know exactly what the Bank of Canada is planning to do.
• D)never make mistakes in their forecasts even when they do not know the future perfectly.

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Definitions:

Asserted

Asserted means stated firmly or confidently, often without providing proof or evidence.

Asserted

Stated positively or forcefully.

Asserted

Stated confidently or declared as true or existing, often without providing evidence.

Educational Environment

The combination of physical, social, and psychological conditions in which educational processes and interactions take place.