The Third Monetarist Proposition Asserts That in the Short Run

question 35

Multiple Choice

The third monetarist proposition asserts that in the short run,

• A)changes in money demand are the dominant factor causing cyclical movements in output and employment.
• B)money supply is only one of many factors resulting in cyclical movements in output and employment.
• C)money primarily influences the price level and other nominal magnitudes.
• D)None of the above

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