According to Monetarists, the Key Determinant of Expansions and Recessions

question 165

Multiple Choice

According to monetarists, the key determinant of expansions and recessions is

• A) the rate of change in interest rates.
• B) the ineptitude of politicians to enact appropriate fiscal policies.
• C) the rate of growth of the quantity of money.
• D) All of the above answers are correct.

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Definitions:

Defined Contribution Plan

A type of retirement plan in which the amount of the employer's annual contribution is specified.

Risk-free Return

The theoretical return on an investment with no risk of financial loss, often represented by the yield on government bonds.

Standard Deviation

A measure of the dispersion or spread in a set of data from its mean, indicating the degree of variation or consistency.

Variable Life Insurance

A type of life insurance where the cash value and death benefit vary based on the performance of investments chosen by the policyholder.