What is a central assertion of ‘Monetarist’ economics?
A Fiscal policy should be used for the continuous management of the economy.
B Major recessions can occur despite an unchanged money supply.
C The money supply dominates the determination of aggregate monetary expenditure.
D The velocity of circulation of money is unstable over time.
Can someone explain what this question is actually asking?? i dont understand the question.. please thanks! Qamar Baloch
A Fiscal policy should be used for the continuous management of the economy.
B Major recessions can occur despite an unchanged money supply.
C The money supply dominates the determination of aggregate monetary expenditure.
D The velocity of circulation of money is unstable over time.
Can someone explain what this question is actually asking?? i dont understand the question.. please thanks! Qamar Baloch