Monetarists Argue That Fiscal Policy Is Ineffective Because

question 18

Multiple Choice

Monetarists argue that fiscal policy is ineffective because:

• A) the velocity of money is predictable.
• B) the crowding-out effect reduces investment.
• C) prices and wages are sticky in the short run.
• D) it causes the value of the dollar to depreciate.

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Definitions:

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A person's overall subjective emotional evaluation of their own worth. It encompasses beliefs about oneself as well as an emotional state such as triumph, despair, pride, and shame.

Reggio Emilia

An educational philosophy and pedagogy focused on preschool and primary education, emphasizing child-centered learning environments.

Montessori

A method of education that is based on self-directed activity, hands-on learning, and collaborative play.

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The process of conveying or representing an idea, emotion, or experience through imaginative skill or originality.