Modern Mainstream Macroeconomists Agree with the Monetarists That

question 189

Multiple Choice

Modern mainstream macroeconomists agree with the monetarists that

• A)the Fed should increase the money supply at a fixed annual rate.
• B)velocity is highly stable.
• C)fiscal policy is largely ineffective.
• D)"money matters" in the macroeconomy.

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Definitions:

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Hydraulics Principles

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