What is the lucas critique what are rational expectations, Microeconomics

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What is the lucas critique what are rational expectations

Question: What is the Lucas critique? What are rational expectations and how do they relate to the Lucas critique? What does it suggest might be a problem with activist and discretionary policy? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: What is the lucas critique what are rational expectations

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