The Most Likely Advocates for a Monetary Rule Would Be

question 251

Multiple Choice

The most likely advocates for a monetary rule would be

• A) monetarists.
• B) real-business-cycle theorists.
• C) mainstream economists.
• D) supply-side economists.

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Definitions:

Behaviour

The actions, reactions, or conduct of an individual or system in response to external or internal stimuli.

Direct Experience

Knowledge or skill acquisition that comes from personally engaging in a task or activity, as opposed to learning about it from others.

Beliefs

Deeply held convictions or opinions that influence an individual's actions and attitudes.

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.