If the Money Demand Function Is Unstable Then ________

question 64

Multiple Choice

If the money demand function is unstable then ________.

• A) velocity of money is unstable and monetary policy is more effective
• B) monetary policy is ineffective
• C) fiscal policy is more effective than monetary policy
• D) neither fiscal nor monetary policy will impact aggregate output

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Definitions:

Work Ethic

A set of values based on the virtues of hard work and diligence.

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The act of keeping up or preserving one's external look or the outward aesthetic aspect of objects or places.

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