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    Exam 19: Current Issues in Macro Theory and Policy
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    Monetarists Say That fiScal Policy, Such as a Tax Cut
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Monetarists Say That fiScal Policy, Such as a Tax Cut

Question 31

Question 31

True/False

Monetarists say that fiscal policy, such as a tax cut, will only affect the level of real GDP if it entails a
change in the supply of money.

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