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    Principles of Money Banking
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    Exam 22: The Classical Foundations
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    Modern Monetarists View Any Increases or Decreases in Total Output
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Modern Monetarists View Any Increases or Decreases in Total Output

Question 37

Question 37

Multiple Choice

Modern monetarists view any increases or decreases in total output stemming from expansions or contractions in the money supply as


A) permanent.
B) temporary.
C) irrelevant.
D) extremely important.

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