Which of the Following Statements Is (Are)correct

question 18

Multiple Choice

Which of the following statements is (are) correct?

• A)Both the monetarists and classicists agree that output is completely supply determined,even in the short run
• B)The monetarists do not agree with the classical position that monetary policy cannot be used to influence output.
• C)According to both the monetarists and the classicists,output is determined by demand side factors in the short run
• D)None of the above

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