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