In edition to a change in interest rates what are the macroe

In edition to a change in interest rates what are the macroeconomic external items that can impact the financial position of home depot? How do they impact?

Solution

Answer-

it has to do with how we model changes in economic policy when expectations are changing.

The lucas critique says that if there is a behavioral response that varies withpolicy regime, then one will make a mistake in considering a change in policy using a description of behavior that does not vary with policy regime.,