Question:
What is a central assertion of 'Monetarist' economics?
The money supply dominates determination of aggregate monetary expenditure | |
The valocity of circulation of money is unstable over time | |
Fiscal policy should be used for the continuous management of the company | |
Major recessions can occur despite an unchanged money supply | |
The money supply dominates determination of aggregate monetary expenditure |
Answer:
The money supply dominates determination of aggregate monetary expenditure
Last Updated:
08/11/2021 - 09:25