Monetarists Think That

question 33

Multiple Choice

Monetarists think that

• A)money growth is closely related to inflation in the long run.
• B)money demand is unstable in the long run.
• C)the central should focus on short run economic fluctuations.
• D)the central bank should rely on discretionary policy making.

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Definitions:

United States

A country located in North America, consisting of 50 states and a federal district, known for its large economy and diverse population.

China

The world's most populous country, located in East Asia, known for its vast history, significant economic growth, and as a major player on the global stage.

Imports

Goods and services purchased from other countries, contributing to a country's supply of products.

Exports

Goods or services produced in one country and sold to another, contributing to a country's economy.