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    Macroeconomics Policy and Practice
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    Exam 21: The Role of Expectations in Macroeconomic Policy
  5. Question
    According to the Lucas Critique,what Is the Proper Way to Evaluate
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According to the Lucas Critique,what Is the Proper Way to Evaluate

Question 27

Question 27

Essay

According to the Lucas critique,what is the proper way to evaluate a proposal that reduces government borrowing by raising taxes and reducing government spending?

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The Lucas critique emphasizes that chang...

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