Multiple Choice
The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
A) believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
B) Keynesians think that monetary policy is always used effectively.
C) believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
D) favor "fine tuning" the economy by use of monetary policy while the Keynesians do not.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: A monetarists would expect an increase in
Q7: Targeting money growth will lead to stable
Q8: Monetarists believe in all of the following
Q9: Compare and contrast the monetarist and Keynesian
Q10: According to the monetarist view,the<br>A)IS schedule is
Q12: The Monetarist model differs from the classical
Q13: Keynes and many of his contemporaries believed
Q14: The monetarists would expect a tax cut
Q15: During the Great Depression,the money supply fell
Q16: A liquidity trap is<br>A)the vertical portion of