According to rational expectations theory, monetary policy will affect output only if it is
A) anticipated.
B) unanticipated.
C) a very large change.
D) a very small change.
E) a policy that has been tried in the past.
A
Economics
A) anticipated.
B) unanticipated.
C) a very large change.
D) a very small change.
E) a policy that has been tried in the past.
A