Monetarists Can Be Described as a Group of Macroeconomists Who

question 3

Multiple Choice

Monetarists can be described as a group of macroeconomists who

• A) emphasize the importance of the federal government's involvement in the economy to dampen the harmful effects of the business cycle.
• B) emphasize the importance of the money supply as a determinant of macroeconomic activity.
• C) tend to view government spending and taxation policy as the chief means of stabilizing the economy.
• D) feel that money should not be created in the private banking system,but only by government.

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Definitions:

Arrays

Data structures in programming that store elements of the same type in a contiguous memory location.

New

A keyword used in many programming languages, such as Java, to create new instances of objects, allocating memory for new objects.

Square Brackets

Punctuation marks used in various contexts, including denoting arrays in many programming languages and indicating citations in some academic writing styles.

Array Name

The identifier used to reference the storage location of the first element in an array in memory.