Rapid growth of the money supply might seem appropriate to ________ economists,because ________.
A)Keynesian;it can hasten the economy's return to a long-run equilibrium
B)Keynesian;the resulting inflation will have no effect on real output
C)classical;stabilizing fluctuations contributes to long-run growth
D)classical;it will make prices more flexible
E)none of the above

Question

Quizplus · Accepted Answer

Keynesian economists often advocate for increasing the money supply as a method to stimulate demand and hasten an economy's return to long-run equilibrium, especially during periods of economic downturn.

Rapid Growth of the Money Supply Might Seem Appropriate to ________