In the Monetarist Model

question 43

Multiple Choice

In the monetarist model,

• A)the short run Phillips curve looks similar to the short run Phillips curve in the Keynesian model.
• B)stable money growth alone will not produce economic stability because of the unstable behavior of the nonmonetary factors that are important in determining demand.
• C)activist fiscal and monetary policies are favored to stabilize aggregate demand.
• D)Both a and b
• E)all of the above.