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    The Proposition That Policy Actions Have No Real Effects in the Short
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The Proposition That Policy Actions Have No Real Effects in the Short

Question 149

Question 149

Multiple Choice

The proposition that policy actions have no real effects in the short run if the policy actions are anticipated is known as


A) the unemployment stabilization proposition.
B) the policy irrelevance proposition.
C) the policy illusion proposition.
D) the Keynesian proposition.

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