In the monetarist view, a bond-financed increase in government spendin
In the monetarist view, a bond-financed increase in government spending would have a strong effect on real output in
a. both the short run and the long run.
b. the short run but not the long run.
c. the long run but not the short run.
d. neither the short run nor the long run.
ANSWER
D
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