In the monetarist model,
A)the short run Phillips curve looks similar to the short run Phillips curve in the Keynesian model.
B)stable money growth alone will not produce economic stability because of the unstable behavior of the nonmonetary factors that are important in determining demand.
C)activist fiscal and monetary policies are favored to stabilize aggregate demand.
D)Both a and b
E)all of the above.

Question

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The Answer of In the monetarist model,
A)the short run Phillips curve looks similar to the short run Phillips curve in the Keynesian model.
B)stable money growth alone will not produce economic stability because of the unstable behavior of the nonmonetary factors that are important in determining demand.
C)activist fiscal and monetary policies are favored to stabilize aggregate demand.
D)Both a and b
E)all of the above.

In the Monetarist Model