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Allisa [31]
3 years ago
12

The argument that econometric policy evaluation is likely to be misleading if policymakers assume stable economic relationships

is known as:
A. the monetarist revolution.
B. the Lucas critique.
C. public choice theory.
D. new Keynesian theory.
Business
1 answer:
Lena [83]3 years ago
4 0

Answer:

B) the Lucas critique.

Explanation:

The Lucas critique was developed by Robert Lucas and it states that it is very naive to assume that economic relationships are fixed and don't change. When policymakers study the effects of changing economic policies they cannot use historical data to predict future relationships between economic agents.

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Answer:

B) networking

Explanation:

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Business people join or create networking groups to develop relationships with other business-minded people. By joining the local chamber of commerce, Galena will interact and socialize with other businesswomen. She will make friends and get a platform to engage with other professionals in her field.

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Answer:

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bogdanovich [222]
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