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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 33
Circle the letter that corresponds to the best answer. The monetarists criticized _________.
A) the stop-and-go policies of the Federal Reserve
B) the ineffectiveness of monetary policy at fighting inflation
C) the importance given to money by the Keynesians
D) the Fed for keeping a heavy foot on the monetary brake and allowing the money supply to rise by only 3 percent a year
A) the stop-and-go policies of the Federal Reserve
B) the ineffectiveness of monetary policy at fighting inflation
C) the importance given to money by the Keynesians
D) the Fed for keeping a heavy foot on the monetary brake and allowing the money supply to rise by only 3 percent a year
Explanation
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According to the monetarists the monetar...
Macroeconomics 11th Edition by Stephen Slavin
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