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Author Question: The Lucas supply function, in combination with the assumption that expectations are rational, implies that (Read 97 times)

lracut11

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on: Apr 19, 2019

The Lucas supply function, in combination with the assumption that expectations are rational, implies that


◦ neither anticipated monetary policy changes nor anticipated fiscal policy changes will have an effect on real output.
◦ an anticipated monetary policy change will have an effect on real output, but an anticipated fiscal policy change will not have an effect on real output.
◦ both anticipated monetary and fiscal policy changes will affect real output.
◦ an anticipated monetary policy change will have no effect on real output, but an anticipated fiscal policy change will have an effect on real output.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by lracut11 on Apr 19, 2019

polinasid

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lracut11

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Reply #2 on: Apr 19, 2019
Excellent


polinasid

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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