Examlex
Match each explanation with its associated explanation:
-GH
Monetarists
Economists who maintain that shifts in the money supply have substantial effects on short-run national output and on the price level across longer time frames.
Money Supply
The aggregate amount of economic resources in terms of money, inclusive of cash, coins, and savings and checking account balances, at a particular moment.
Real Output
The total value of all goods and services produced by an economy, adjusted for inflation, reflecting the actual productive capacity.
Business Fluctuations
Variations in the growth rate of an economy over time, including periods of expansion and contraction.
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