In the Monetarist View

question 28

Multiple Choice

In the monetarist view,

• A) changes in investment spending are a major source of macroeconomic instability.
• B) inappropriate monetary policy is a major source of macroeconomic stability.
• C) adverse aggregate supply shocks are a major source of macroeconomic instability.
• D) the fact that prices and wages are flexible is a major source of macroeconomic instability.

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Definitions:

Trust

Strong confidence in the dependability, veracity, capability, or robustness of a person or entity.

Underarm Hair

Hair that grows in the axilla, the area under the arms, typically appearing during puberty.

Primary Sex Characteristics

the main biological and physiological features distinguishing the male and female sexes, such as the reproductive organs.

Puberty

The developmental stage during which children mature sexually and physically, enabling the capability of reproduction.