Monetarists Say That the Relationship Between the Amount of Money

question 32

Multiple Choice

Monetarists say that the relationship between the amount of money that households and businesses want to hold and the level of national output and income

• A) has decreased historically because of increased accessibility to credit.
• B) rises during recession and falls during periods of full employment.
• C) falls during recession and rises during periods of full employment.
• D) is relatively stable.

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