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