Which of the following models advocate that the quantity of money should be increased at a constant rate?
A)the monetarist model
B)the new classical model
C)the real business cycle model
D)the new Keynesian model

Question

Quizplus · Accepted Answer

The monetarist model advocates that the quantity of money should be increased at a constant rate, as it believes that changes in the money supply have a direct impact on nominal GDP.

Which of the Following Models Advocate That the Quantity of Money