According to Monetarists

question 46

Multiple Choice

According to monetarists:

• A)governments should use discretionary monetary policy, but not discretionary fiscal policy
• B)governments should impose a monetary rule that forces their central bank to increase the money supply by a constant rate
• C)governments should use discretionary fiscal policy, but not discretionary monetary policy
• D)governments should use both discretionary fiscal and monetary policies to lessen the severity of the business cycle
• E)governments should use a consistently expansionary monetary policy to push up employment and output

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Definitions:

Cultural Differences

The variety of distinct cultural beliefs, values, behaviors, and practices that exist among groups of people from different backgrounds.

Telephone Groups

Networks or collectives of individuals who communicate or interact primarily through phone calls.

Rural Areas

Areas that are located outside towns and cities, characterized by low population density and vast open spaces.

Assess Members

The process of evaluating the characteristics, needs, or performance of individuals within a group.