The belief that the velocity of money is not constant but highly predictable is associated with the:
A. classical school.
B. Keynesian school.
C. monetarist school.
D. rational expectations school
Answer: C
Economics
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Self-interest relates to
A) only monetary objectives. B) both monetary and nonmonetary objectives. C) the ceteris paribus assumption. D) normative economic analysis and not positive economic analysis.
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