Monetarists contend that the channels of monetary influence in Keynesian structural models are too ________ defined, ________ the importance of monetary policy
A) broadly; exaggerating
B) broadly; understating
C) narrowly; understating
D) narrowly; exaggerating
C
Economics
You might also like to view...
A country has I = $200 billion, S = $400 billion, and purchased $600 billion of foreign assets, how many of its assets did foreigners purchase?
a. $0 b. $200 billion c. $400 billion d. $800 billion
Economics
In real life, people's behavior is constrained by:
A. laws of nature. B. costs of various actions. C. legislated rules of society. D. All of these are rules that constrain people's behavior.
Economics