According to misperceptions theory, monetary policy will be non-neutral in the short-run if and only if the Fed's policy
Posted: Sun Jul 03, 2022 3:42 pm
According to misperceptions theory, monetary policy will be non-neutral in the short-run if and only if the Fed's policy is unanticipated. O the Fed's policy generates a real shock. the Fed's policy is anticipated. the Fed's policy is sufficiently large.