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:

Expand

In mathematics, to rewrite an expression or equation in an extended form by distributing or multiplying out brackets.

Pascal's Triangle

A triangular array of numbers in which the edges are 1's, and each interior number is the sum of the two numbers directly above it.

Binomial Coefficient

The number of ways to choose a fixed number of elements out of a larger set, commonly represented as "n choose k."

Expansion

The process of expressing something in an extended form, often used in mathematics to denote the development of an algebraic expression or series.