Monetarists believe that the type of monetary policy that would lead to greater economic stability is
A) a money supply rule.
B) a constant money supply.
C) a counter-cyclical monetary policy.
D) a pro-cyclical monetary policy.
A
Economics
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Real business cycle theory explains the business cycle as the result of
a. unstable investment demand. b. excess growth of the quantity of money. C. shocks to consumer spending habits d. fluctuations in productivity.
Economics
Total income is always equal to ________ expenditures; but only in equilibrium is it equal to ________ expenditures, producing in equilibrium ________ on income to change
A) actual, planned, pressure B) actual, planned, no pressure C) planned, actual, pressure D) planned, actual, no pressure
Economics