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    Exam 9: The Monetarist Counterrevolution
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    According to the Monetarists,the Real Effect of Monetary Policy on Output
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According to the Monetarists,the Real Effect of Monetary Policy on Output

Question 23

Question 23

Multiple Choice

According to the Monetarists,the real effect of monetary policy on output is


A) long-lasting and unpredictable.
B) predictable and beneficial.
C) nonexistent in the short run.
D) always less than fiscal policy

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