Monetarists and Keynesians

question 95

Multiple Choice

Monetarists and Keynesians

• A) disagree on the speed at which wages change.
• B) agree on the impact of fiscal policy on the economy.
• C) disagree on how the Fed changes money supply.
• D) agree on the usefulness of discretionary policy.

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Definitions:

Percentage

A rate, number, or amount in each hundred, represented by the symbol “%,” used to express proportions and ratios.

Hundred

A numerical value representing ten groups of ten, or the number following ninety-nine.

Deci-

A prefix denoting a factor of one-tenth in metric units of measure.

0.1

A decimal number representing one-tenth, highlighting the concept of division in the decimal system.