The-definition.com

Definition

Policy ineffectiveness proposition

Policy ineffectiveness proposition is the conclusion from the new classical model that anticipated policy has no effect on output fluctuations.

Share it:  Cite

More from this Section

  • Other Capital Investment
    A component of the financial account consists of other capital investment, which represents ...
  • Legal reserves
    Legal reserves is the assets that by law must be held behind bank’s deposits or other ...
  • Waiver-of-premium provision
    Waiver-of-premium provision refers benefit that can be added to a life insurance policy ...
  • Credit insurance
    Credit insurance is an insurance that protects a firm against bad debt losses above a ...
  • Senior Debt
    Senior Debt is debt which, in the event of bankruptcy, must be repaid before subordinated ...