Monetarists Believe That Discretionary Monetary Policy, and Not Discretionary Fiscal

question 58

True/False

Monetarists believe that discretionary monetary policy, and not discretionary fiscal policy, should be used to correct disequilibrium.

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Definitions:

Thought Speed

The rate at which an individual can process information, make decisions, or formulate responses.

Mental Motion

The flow or progression of cognitive processes, thought, or imagination.

Mood Adjustment

The process of altering one's emotional state through various methods, such as engaging in activities or changing thought patterns.

Survival Value

The extent to which a trait, behavior, or adaptation contributes to the survival and reproductive success of an organism.