Which of the Following Is True

question 44

Multiple Choice

Which of the following is true ?

• A) Keynesians advocate increasing the money supply during economic recessions but decreasing the money supply during economic expansions.
• B) Monetarists advocate increasing the money supply by a constant rate year after year.
• C) Keynesians argue that the crowding-out effect is rather insignificant.
• D) Monetarists argue that the crowding-out effect is rather large.
• E) All of the above.

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