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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
The primary reason why the Fed cannot systematically surprise the public with its monetary policy is
A) the presence of productivity shocks that generate real business cycles independent of the monetary side of the economy.
B) the nonneutrality of money.
C) the presence of rational expectations among the public.
D) the presence of propagation mechanisms within the economy.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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8 years ago
This answers my question, thank you so much
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