Monetarists Argue That the Central Bank Should Allow the Money

question 31

Multiple Choice

Monetarists argue that the central bank should allow the money supply to grow:

• A) counter to the business cycles.
• B) faster than 10 per cent annually.
• C) only during recessions.
• D) at a constant rate.

---

Definitions:

Variations

Differences or deviations within a population, group, or set of phenomena, often considered in genetics, language, and statistics.

Illusion Of Control

The tendency for individuals to overestimate their ability to control events, an error in judgment often observed in various psychological contexts.

Gamblers

Gamblers are individuals who wager money or something of value on an event with an uncertain outcome, often involving risk in the hope of gaining more.

Dice

Small cube-shaped objects with dots on each of their six faces, used for generating random numbers in games.