Monetarists Believe All of the Following Except

question 72

Multiple Choice

Monetarists believe all of the following except:

• A) fluctuations in the money supply are responsible for most large fluctuations in the economy.
• B) the Fed should keep the money supply growing at a steady rate.
• C) slow and steady growth of the money supply would yield stable output, employment, and prices.
• D) the Fed should adjust the money supply to adjust to various shocks to the economy.

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Definitions:

Indirect Suggestion

A method of influencing others by implying or hinting at a desired action or decision rather than stating it outright.

Auto Suggestion

A psychological technique involving self-induced suggestions to guide one's thoughts, feelings, or behavior toward a desired goal or outcome.

Proof Statement

A declaration or evidence provided to substantiate a claim or showcase the value or truth of something.

Air Filters

Devices designed to remove particles and contaminants from the air.