Monetarists believe that real output is determined by
A) government spending.
B) the rate of growth of the money supply.
C) government planning.
D) aggregate supply.
Correct Answer:
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Q47: If the demand for money depends on
Q48: Monetarists argue that the money supply should
A)
Q49: Velocity is not constant if
A) the money
Q50: Which of the following statements is not
Q51: Monetarists and Keynesians
A) disagree on the speed
Q53: It is difficult to test whether the
Q54: The quantity theory of money can be
Q55: Which of the following schools of economic
Q56: If the equation for the quantity theory
Q57: Monetarists believe
A) the economy is stable.
B) the
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