Monetarists Believe That

question 88

Multiple Choice

Monetarists believe that

• A) velocity changes in a predictable way.
• B) aggregate supply depends on the money supply and velocity.
• C) the SRAS curve is upward sloping.
• D) a and c
• E) a,b and c

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Definitions:

Skeptical Audience

A group of people who are inclined to doubt or question the validity of information presented to them.

Hostile Audience

A group of listeners or spectators that is antagonistic or unfavorably disposed towards the speaker or the message being conveyed.

Direct Format

A straightforward and clear way of organizing information, often used in writing and communication, where the main point is presented first followed by supporting details.

Consensus

General agreement or collective opinion among a group of people.