Monetarists Believe That Real Output Is Determined by

question 233

Multiple Choice

Monetarists believe that real output is determined by

• A) government spending.
• B) the rate of growth of the money supply.
• C) government planning.
• D) aggregate supply.

---

Definitions:

Legal Obligations

Duties that are enforceable by law, arising from statutes, contracts, or legal principles.

Valid Contracts

Agreements that meet all legal requirements, including offer, acceptance, consideration, and legality, making them enforceable in court.

Unenforceable Contracts

Agreements that, due to legal deficiencies, cannot be upheld or enforced by the courts.

Void Contracts

Agreements that are illegal or against public policy and therefore unenforceable by law.