According to Monetarists

question 47

Multiple Choice

According to monetarists:

• A)money supply directly determines changes in prices, real GDP and employment.
• B)monetary policy acts too slow to cause any changes in aggregate demand.
• C)monetary policy acts indirectly causing changes in interest rates but not in investment and aggregate demand.
• D)monetary policy acts indirectly causing changes in interest rates first before affecting investment and aggregate demand.

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Definitions:

Organized Group Activities

Structured social or recreational events, often planned or facilitated by a leader or organization, aimed at achieving specific goals or fostering certain skills or relationships.

Speech Patterns

The distinctive ways in which individuals express themselves through language, including rhythm, pitch, and articulation.

Educational Goals

Specific learning objectives or aspirations that an individual or institution aims to achieve through education.

Crowd

A large, loosely organized group of people who may or may not spend much time together and who are identified by the activities of the group.