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    Exam 19: Current Issues in Macro Theory and Policy
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    Modern Mainstream Macroeconomists Agree with the Monetarists That
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Modern Mainstream Macroeconomists Agree with the Monetarists That

Question 81

Question 81

Multiple Choice

Modern mainstream macroeconomists agree with the monetarists that


A) the Fed should increase the money supply at a fixed annual rate.
B) velocity is highly stable.
C) fiscal policy is largely ineffective.
D) "money matters" in the macroeconomy.

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