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    Exam 16: Stabilization in an Integrated World Economy
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    The Idea That Anticipated Monetary Policy Changes Cannot Affect Real
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The Idea That Anticipated Monetary Policy Changes Cannot Affect Real

Question 95

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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