The Monetary Rule Is the View of The

question 27

Multiple Choice

The monetary rule is the view of the:

• A) Keynesians that monetary policy is most important.
• B) Monetarists that monetary policy is most important.
• C) Classical economists that monetary policy is most important.
• D) Monetarists that the Fed should expand the money supply at a constant rate.

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Definitions:

Glutamate

A major excitatory neurotransmitter in the brain, involved in memory and learning.

Neurotransmitter

Chemical substances in the nervous system that transmit signals from one neuron to another.

Inhibitory

Pertaining to a neurotransmitter, hormone, or other substance that decreases the likelihood of a neuron firing an action potential.

Excitatory

Referring to substances or processes that increase the likelihood of a neuron firing and transmitting an electrical signal.