The Monetarists Argued That to Avoid Inflation and Unemployment, That

question 39

Multiple Choice

The monetarists argued that to avoid inflation and unemployment, that:

• A) the money supply growth rate has to be maintained at the highest level.
• B) the money demand growth rate has to be maintained at the proper level.
• C) the money supply growth rate has to be maintained at the proper level.
• D) the interest rates have to be maintained at the proper level.

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Definitions:

Shannon

Without specific context, this could refer to a personal name. In information theory, Claude Shannon is known for founding digital circuit design theory and information theory.

Sternberg's Triangular

A theory proposed by psychologist Robert Sternberg that describes the dynamic components of love as intimacy, passion, and commitment.

Trust

A psychological state comprising the intention to accept vulnerability based upon positive expectations of the intentions or behavior of another.

Intimacy

A close, familiar, and affectionate personal relationship with another person.