A key implication of the policy irrelevance (policy ineffectiveness) proposition is that the misperception ( also called rational expectations) hypothesis is incorrect.

only fully anticipated policy actions can influence real Gross Domestic Product (GDP).

only unanticipated policy actions can influence real Gross Domestic Product (GDP).

none of the above.

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav