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MArishka [77]
4 years ago
10

The Lucas critique indicates that

Social Studies
1 answer:
Svetlanka [38]4 years ago
6 0

Answer:

C. expectations are important in determining the outcome of a discretionary policy.

Explanation:

Lucas Critique -

Robert Lucas was a famous economist and was awarded the 1995 Nobel Prize in the field of  economics .

according to the Lucas critique ,

The consciousness of trying to predict the effects of the change in the economic policy completely on the basis of  observations in the historical data .

It helps to understand that the expectations are necessary to determine the outcome of any discretionary  policy .

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Explanation:

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in a sixth term of an arithmetic progression is 37 and the sum of the first six terms is 147, find the first term and the 15th t
MArishka [77]
The sixth term of an arithmetic progression is 37
---> a+5d = 37
5d = 37-a

sum of the first six term is 147
---> (6/2)(2a + 5d) = 147
3(2a + 37-a) = 147
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a = 12
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3 years ago
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