Which of the following is true ?
A) Keynesians advocate increasing the money supply during economic recessions but decreasing the money supply during economic expansions.
B) Monetarists advocate increasing the money supply by a constant rate year after year.
C) Keynesians argue that the crowding-out effect is rather insignificant.
D) Monetarists argue that the crowding-out effect is rather large.
E) All of these.
Correct Answer:
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