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    Exam 19: Current Issues in Macro Theory and Policy
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    The View That Changes in the Money Supply Is the Primary
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The View That Changes in the Money Supply Is the Primary

Question 9

Question 9

Multiple Choice

The view that changes in the money supply is the primary cause of change in real output and the price level is most closely associated with:


A) Rational expectations theory
B) Real business cycle theory
C) Mainstream economics
D) Monetarism

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