Monetarists Argue That

question 53

Multiple Choice

Monetarists argue that

• A)The velocity of money is constant.
• B)Fiscal policy puts idle money balances to work,which reduces V.
• C)When there is a recession,people accumulate money balances,which increases V.

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Definitions:

Discomfort

A feeling of physical or psychological unease or distress.

External Factors

External factors refer to the external environment's influences on a business or situation, including economic conditions, societal trends, and governmental policies.

Mutual Understanding

A state of knowledge or awareness shared between two or more parties regarding each other's feelings, thoughts, and communications.

Mutual Understanding

A shared awareness or comprehension of each others' feelings, thoughts, and intentions.