In the long run,according to Monetarists
A) the natural rates of output and employment depend on factor supplies.
B) the natural rates of output and employment depend on technology.
C) the influence of the money stock is mainly on the price level and other nominal variables.
D) All of the above
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Q2: According to the Monetarists,average inflation is higher
Q3: Assume that there is a positive supply
Q4: According to the theory of the natural
Q5: Stagflation can be explained by a
A)shift in
Q6: In the monetarist view,the long-run Phillips curve
Q8: The rate of unemployment can be calculated
Q9: Monetarists assume that suppliers of labor
A)always have
Q10: In the Keynesian model,and increase in government
Q11: If Keynesians acknowledge that there does exist
Q12: Use the natural rate Phillips curve to
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