A Criticism of the Monetarist Autonomous Expenditure Variable Is That

question 88

Multiple Choice

A criticism of the monetarist autonomous expenditure variable is that ________.

• A) some types of autonomous expenditure do not affect aggregate demand
• B) some types of autonomous expenditure affect aggregate demand before the expenditure occurs
• C) some types of autonomous expenditure affect aggregate demand only long after they occur
• D) Keynesians do not think that autonomous expenditure affects aggregate demand

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