Most Monetarists Recognise That

question 41

Multiple Choice

Most monetarists recognise that:

• A) the velocity of money is constant over time and that the economy does not operate at full employment all the time.
• B) the velocity of money is not constant over time and that the economy always operates at full employment.
• C) the velocity of money is not predictable and that the economy always operates at full employment.
• D) the velocity of money is not constant over time and that the economy does not operate at full employment all the time.

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