According to monetarism, changes in the money supply are the most important factor in determining changes in which of the following variables?
A) nominal GDP
B) real GDP
C) the price level
D) the interest rate
Correct Answer:
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Q12: Household demand for real money balances decreases
Q13: The supply of real money balances increases
Q14: The supply of real money balances decreases
Q15: The name given to the theory of
Q16: Ceteris paribus, according to Keynes, the speculative
Q18: Which of the following can change the
Q19: The demand for money is inversely related
Q20: The demand for money is directly related
Q21: What percentage of United States currency is
Q22: Ceteris paribus, if the price level increases
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