Problem
Abraham Lincoln once said "You can fool all of the people some of the time, and some of the people all of the time, but you cannot fool all of the people all of the time." How can a central bank that conducts monetary policy "fool people" and thereby affect the level of unemployment in the economy? What happens if people begin to anticipate future monetary policy correctly based upon past experience?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.