All of the Following Are True of Monetarism EXCEPT That

question 50

Multiple Choice

All of the following are true of monetarism EXCEPT that it

• A) reflected a radical change from the postwar consensus regarding economic management.
• B) signaled a rejection of Keynesian economics.
• C) called for a widespread nationalization of industries.
• D) assumed that there is a natural rate of unemployment set by the market.
• E) indicated that government should intervene in the economy only by manipulating the money supply to keep inflation low.

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Definitions:

Management's Discussion

A section of a company’s annual report where management presents an analysis of the company’s performance, future prospects, and financial health.

Annual Reports

Comprehensive statements that provide information on a company's activities, financial performance, and strategy over the past fiscal year.

Off-Balance-Sheet

Financial obligations or assets not recorded on a company's balance sheet, often due to being contingent or uncertain.

Disposal of a Segment

The act of selling, liquidating, or otherwise eliminating a division or segment of a business.