According to Rational Expectations Theory, Discretionary Monetary and Fiscal Policy

question 42

Multiple Choice

According to rational expectations theory, discretionary monetary and fiscal policy will be ineffective primarily because of the:

• A) Successes of macroeconomic policy makers
• B) Inability of policy makers to time decisions properly
• C) Reaction of the public to the expected effects of policy changes
• D) Slow impact of policy to stimulate changes in real output and employment

---

Definitions:

HIPAA

The Health Insurance Portability and Accountability Act, a US law designed to protect patient health information privacy.

Patient Confidentiality

The ethical principle and legal duty of healthcare professionals to protect personal information disclosed by patients during the course of a medical treatment.

Screening Calls

The practice of evaluating incoming phone calls to determine their priority, urgency, or relevance before answering.

Legally Accountable

Being responsible under law to justify actions or decisions, often involving the obligation to answer for or remedy any harm caused.