The policy irrelevance proposition suggests that the policy effects on the economy primarily occur as a result of

A. illusion about the value of money.
B. fiscal policy measures.
C. unanticipated changes in policy.
D. nondiscretionary fiscal policy.


Answer: C

Economics

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Who hires the managers of a corporation?

A) employees B) stockholders C) managers D) the board of directors

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Which of the following are NOT traded in a capital market?

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Workers in a labor union typically are paid less than workers not in a labor union

a. True b. False Indicate whether the statement is true or false

Economics