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In the Early 1960s,monetarists Used Reduced-Form Timing,statistical,and Historical Evidence to Show

Question 8

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In the early 1960s,monetarists used reduced-form timing,statistical,and historical evidence to show that


A) fiscal policy had a strong impact on economic activity.
B) monetary policy had a strong impact on economic activity.
C) monetary policy had a weak impact on economic activity.
D) neither monetary nor fiscal policy had a strong impact on economic activity.

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