How do forward-looking financial markets shorten the time between departures of the economy from the intended path
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How do forward-looking financial markets shorten the time between departures of the economy from the intended path and the effects of policy actions in returning it to that path?
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Financial markets are often described as forwardlooking because they tend to react based on expectations about future events rather than just current ...View the full answer
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Related Book For
Financial Markets Banking And Monetary Policy
ISBN: 9781118872239
1st Edition
Authors: Thomas D. Simpson
Question Posted:
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