Which One of the Following Statements Best Describes the Monetarist

question 92

Multiple Choice

Which one of the following statements best describes the monetarist view of economic stabilization?

• A)Discretionary policies often do more harm than good.
• B)Monetary policy should be used to fine-tune the economy.
• C)Fiscal policy is more effective than monetary policy.
• D)Both monetary and fiscal policy are unable to influence output,employment,and the price level.
• E)Discretionary policies are not very helpful but neither are they particularly harmful.

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Definitions:

High Productivity

The state of achieving maximum outputs from given inputs, often related to efficient and effective use of resources in a work environment or process.

Organization Chart

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Major Subunits

The primary or most significant divisions, departments, or components within an organization.

Matrix Structure

An organizational layout that combines two or more types of structures, typically functional and product-based, to leverage benefits of both.