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    Exam 19: Current Issues in Macro Theory and Policy
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    Monetarists Believe That
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Monetarists Believe That

Question 157

Question 157

Multiple Choice

Monetarists believe that


A) prices and wages are inflexible or sticky.
B) both product and resource markets are monopolistic.
C) velocity is relatively stable.
D) the economy is more stable when active fiscal and monetary policy are used.

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