One thing monetarists and Keynesians agree on is:
A) that monetary policy is ineffective in controlling inflation.
B) the monetary transmission mechanism.
C) that the velocity of money is constant.
D) that monetary policy will impact mainly on demand in the short run.

Question

Quizplus · Accepted Answer

Monetarists and Keynesians both agree that monetary policy will primarily affect demand in the short run, despite their differences on other aspects of economic theory.

One Thing Monetarists and Keynesians Agree on Is