Pablo Believed That Short-Run Changes in Aggregate Demand Affected Aggregate

Multiple Choice

Pablo believed that short-run changes in aggregate demand affected aggregate output as well as the price level. He believed that there was a role for monetary policy in managing the economy, but he advocated a simple monetary rule that would increase the money supply at a constant rate to grow the economy. Pablo was best described as a:

A) Keynesian.
B) new classical economist.
C) supply-sider.
D) monetarist.