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johnpaul92 johnpaul92
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8 years ago
The primary reason that short-lived shocks can have long-run effects is
A) the presence of propagation mechanisms.
B) the nonneutrality of money.
C) misperceptions by the public over the actual price level and the expected price level.
D) the presence of rational expectations among the public.
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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#2
8 years ago
Appreciate your help, thank you again
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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