Monetarists advanced what type of evidence of money non-neutrality during the Great Depression?
A) timing evidence
B) statistical evidence
C) historical evidence
D) all of the above

Question

Quizplus · Accepted Answer

Monetarists, such as Milton Friedman, provided a variety of evidence to support the idea that money is not neutral in the short run, especially during the Great Depression. This included timing evidence (showing the correlation between monetary contraction and economic downturns), statistical evidence (using econometric models to demonstrate the relationship between money supply changes and economic activity), and historical evidence (analyzing past economic events and policies to illustrate the impact of monetary policy on the economy).

Monetarists Advanced What Type of Evidence of Money Non-Neutrality During