Monetarists Believe That

question 39

Multiple Choice

Monetarists believe that:

• A)short-run problems are not likely.
• B)GDP fluctuations will be less pronounced if the Federal Reserve uses discretionary monetary policy.
• C)price fluctuations are likely in the short or long run.
• D)GDP will grow steadily if the money supply grows steadily.

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Definitions:

Graduate School

An advanced program of study focused on a particular academic discipline or profession, usually following the completion of an undergraduate degree.

Personal Strivings

Personal strivings are individual efforts directed towards achieving personal goals or fulfilling desires that reflect one's values, interests, and motives, contributing to one’s sense of self and direction in life.

Ongoing Motivation

Continued drive or desire to pursue goals or engage in activities over time.