Rational Expectations and Policy Ineffectiveness.

This video explains -
Under the assumptions of rational expectations, any policy change would be completely ineffective if the government policy changes are properly anticipated by the agents,
Reference - Ghosh, C. & Ghosh, A. (2021), Macroeconomics (2nd Ed), PHI Learning Private Limited.
#macroeconomics, #rational_expectations #policies

[@nabanitade4407]

wonderful presentation.

[@rudrarupeconomicsrtc]

Thank you so much.