Monetarists Believe All of the Following Except

question 89

Multiple Choice

Monetarists believe all of the following except:

• A) fluctuations in the money supply are responsible for most large fluctuations in the economy.
• B) the central bank should keep the money supply growing at a steady rate.
• C) slow and steady growth of the money supply would yield stable output,employment,and prices.
• D) the central bank should adjust the money supply to adjust to various shocks to the economy.

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Definitions:

Environmental Scanning

The process of gathering, analyzing, and interpreting information about a company’s external environment to aid in decision-making.

HRM Adaptation

The process by which human resource management practices are tailored to fit the changing needs and objectives of an organization.

Technology Impact

The effect that technological advancements have on businesses, economies, and societies, including changes in efficiency, communication, and innovation.

Countertrend

A countertrend is a market movement that opposes the general direction of the market or current trends, often temporary in nature.