Monetarists believe
A. the economy is unstable.
B. the economy does not equilibrate quickly.
C. the economy is rigid.
D. the economy is stable.
Answer: D
Economics
You might also like to view...
What are the categories of total expenditure?
What will be an ideal response?
Economics
According to New Keynesians, why can firms increase output in the short run in response to higher prices?
What will be an ideal response?
Economics
When the economy is in equilibrium, there will be no unemployment or inflation
Indicate whether the statement is true or false
Economics
If marginal costs are rising, average total costs must be rising.
Answer the following statement true (T) or false (F)
Economics