Which of the Following Is a Belief of the Monetarists

question 51

Multiple Choice

Which of the following is a belief of the monetarists?

• A) They think the Great Depression was made worse by poor conduct of monetary policy.
• B) They believe monetary policy is transmitted to the economy only through its effect on interest rates and planned investment.
• C) They believe that the interest-investment curve is horizontal.
• D) They believe the crowding-out effect is insignificant.

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Definitions:

Overgrazing

The depletion of vegetation due to livestock grazing at a higher density than the land can sustainably support, leading to soil erosion and desertification.

Aquaculture

The cultivation of aquatic organisms such as fish, shellfish, and seaweeds in controlled environments, intended for consumption or other human use.

Environmental Impacts

The effects of human activities or natural processes on the environment, including air and water quality, biodiversity, and climate.

Aquaculture

The cultivation of aquatic organisms such as fish, crustaceans, mollusks, and aquatic plants for food or other purposes.