The Main Idea Behind Monetarism Is That

question 161

Multiple Choice

The main idea behind monetarism is that:

• A) the aggregate output will be even greater than potential output if the money supply grows at a constant rate.
• B) the aggregate price level will increase proportionally if the money supply grows at a constant rate.
• C) the government budget will have a deficit if the government spending grows at a constant rate.
• D) the aggregate output will grow steadily at a constant rate if the money supply also grows at a constant rate.

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Definitions:

Genus

A term in biology and logic referring to a class of items that share common characteristics, serving as a broader category that includes one or more species.

Sports

Competitive physical activities or games following established rules, often involving teamwork or individual prowess.

Intramural

Activities or competitions occurring within the same institution, especially referring to sports within a single educational establishment.

Genus

A class or group of entities that share common characteristics, often used in classifications and taxonomies.