According to the "Yes - Markets Self-Adjust" camp, money affects external supply shocks that are the main source of business cycles.

Question

Quizplus · Accepted Answer

The "Yes - Markets Self-Adjust" camp believes that markets are efficient and self-correcting, but they do not deny the existence of external shocks. They argue that monetary policy can exacerbate these shocks and cause business cycles, but they do not believe that money is the main source of business cycles.

According to the "Yes - Markets Self-Adjust" Camp, Money Affects