From a Monetarist Perspective, Instability in the Macro Economy Arises

question 124

Multiple Choice

From a monetarist perspective, instability in the macro economy arises from:

• A) Secular trends in the economy
• B) The instability of velocity as a policy tool
• C) Discretionary changes in monetary policy
• D) The use of a monetary rule for monetary policy

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Definitions:

Range

The difference between the highest and lowest scores in a dataset.

Variability

The extent to which data points in a set differ from each other and from their average, or the degree of dispersion within the dataset.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Variability

The degree to which observations in a dataset or statistical distribution vary from the mean and among themselves.