Monetarists directly study the link between money and economic activity using
A)structural models.
B)reduced-form models.
C)scientific models.
D)experimental models.

Question

Quizplus · Accepted Answer

Monetarists often use reduced-form models to study the relationship between money supply and economic activity, as these models allow for the analysis of the direct effects of changes in the money supply on economic variables without requiring detailed assumptions about the underlying structure of the economy.

Monetarists Directly Study the Link Between Money and Economic Activity