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    Exam 19: Current Issues in Macro Theory and Policy
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    Monetarists Take the Position That Monetary Policy
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Monetarists Take the Position That Monetary Policy

Question 82

Question 82

Multiple Choice

Monetarists take the position that monetary policy:


A) Is limited by the crowding-out effect on investment
B) Is enhanced by the crowding-out effect on investment
C) Should be based on rules rather than discretion
D) Should be based on discretion rather than rules

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