According to Monetarists, the Main Source of Fluctuations in Economic

question 47

Multiple Choice

According to monetarists, the main source of fluctuations in economic activity is

• A)changes in the amount of money in the economy.
• B)waves of optimism and pessimism that cause business investment in capital goods to fluctuate.
• C)changes in the prices of oil and other resources.
• D)changes in productivity.

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Definitions:

Enriched

Improved or enhanced in quality, value, or effectiveness, often through the addition of elements or qualities.

Growth Needs

Relates to an individual’s desire for personal development, including knowledge expansion and self-fulfillment.

Predictions

Statements or forecasts about future events, outcomes, or conditions based on current knowledge or analysis.

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