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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Which of the following is TRUE regarding the monetarist theory of the business cycle?
I.   Monetarists assume that the quantity of money increases at a constant rate.
II.   Fluctuations in interest rates cause business cycles.
III.   Changes in the growth rate of the quantity of money affect aggregate demand.
A) I and II
B) III only
C) I only
D) II and III
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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#1
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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#3
7 years ago
Happy to help Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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