Classical Macroeconomists Focused on the Long-Run Effects of Monetary Policy

question 162

True/False

Classical macroeconomists focused on the long-run effects of monetary policy on the aggregate price level and argued that it had no short-run or long-run effects on aggregate output.

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Secretary Of State

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Authority Limitation

Authority Limitation refers to any restrictions placed on the power or official capacity in which an individual or entity can act within legal or organizational contexts.

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