Monetarists have received this label because they emphasize the role of the
A. money supply in determining aggregate supply.
B. money supply in determining nominal GDP.
C. Fed in making monetary policy.
D. money supply in determining interest rates and investment.
Answer: B
Economics
You might also like to view...
Which of the following demographic groups in the U.S. has the highest unemployment rates?
a. College graduates. b. White working-age people. c. African-American teenage males. d. All working-age people with a high school diploma but no college.
Economics
When the supply elasticity of a product is 2.5, a 10 percent decrease in price will _____ the quantity supplied of the product by _____ percent
a. increase; 25 b. decrease; 25 c. increase; 2.5 d. decrease; 2.5 e. decrease; 4
Economics