The Monetary Policy Most Likely to Be Favored by Monetarists

question 43

Multiple Choice

The monetary policy most likely to be favored by monetarists is

• A) a constant (nongrowing)money supply.
• B) frequent discretionary changes in the money growth rate.
• C) a constant and slow rate of monetary growth.
• D) vigorous monetary expansion during recessions.
• E) a steadily increasing rate of monetary growth.

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Definitions:

Producers

Organisms, typically plants or algae, that synthesize their own food from inorganic substances using light or chemical energy, forming the base of a food chain.

Secondary Consumers

Organisms, typically animals, that consume primary consumers for energy. They are part of the second level in the food chain.

Shade-Tolerant Plants

Plants that can grow and reproduce under low light conditions, as found under the canopy of forests.

Soil Erosion

Soil Erosion is the displacement of the upper layer of soil, it is a process that can be caused by wind, water, and activities of people and animals.