A monetarist economist believes that
A) the economy is self- regulating and will normally, though not always, operate at full employment if fiscal policy is not erratic.
B) the economy is self- regulating and will normally, though not always, operate at full employment if monetary policy is not erratic.
C) if the economy was left alone, it would rarely operate at full employment.
D) the economy is self- regulating and always at full employment.
Correct Answer:
Verified
Q139: The long- run aggregate supply curve is
Q140: When the prices of Australian- produced goods
Q141: Q142: When the quantity of capital increases, then Q143: Q145: Q146: Suppose the price level, the money wage, Q147: The aggregate demand curve Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
![]()
A)has a positive slope.
B)has