Because classical economists assumed long-run full employment, as well as a slowly changing technology and monetary institutional system, both the velocity and the aggregate output in the equation of exchange are fixed.
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Q36: _ on credit by households and _
Q37: Inflation targeting
A) explicitly considers the long-run goal
Q38: The Taylor rule suggests that
A) the federal
Q39: During the 2007-2009 recession, the Federal Reserve's
Q40: In May 2013, Brazilian president Dilma Rousseff
Q42: _ keeps the growth of money stocks,
Q43: Monetary policy is LEAST effective in reversing
A)
Q44: According to the Taylor rule, the higher
Q45: If the economy has high levels of
Q46: Which country voted to leave the European
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