Which of the following groups of economists believe that cost-push inflation is impossible in the long run without excessive monetary growth?
A) mainstream economists and monetarists
B) mainstream economists and rational expectations economists
C) monetarists and rational expectations economists
D) mainstream economists, monetarists, and rational expectations economists
Correct Answer:
Verified
Q96: Monetarists and rational expectations theorists generally agree
Q97: The theory of rational expectations concludes that
A)
Q98: Adherents of the traditional monetary rule say
Q99: Q100: Proponents of inflation targeting generally think that Q102: Mainstream macroeconomists see two main sources of Q103: (Last Word) "Market monetarists" believe that the Q104: The view that excessive growth of the Q105: The real-business-cycle theorists say that business cycles Q106: Monetarists say the velocity of money is
A)
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