The dominant school of economic thought in the 1970s was ____________.
Fill in the blank(s) with the appropriate word(s).
the monetarist school
Economics
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The theory that changes in the exchange rate reflect only changes in the price levels of two countries is called
a. the floating exchange rate theory b. the fixed exchange rate theory c. the flexible exchange rate theory d. purchasing power parity e. the managed exchange rate theory
Economics
The horizontal summation of all individual demands at different given prices results in the:
a. market supply curve. b. individual supply curve. c. individual demand curve. d. equilibrium demand and supply curves. e. market demand curve.
Economics