The Monetarist model differs from the classical model in that a. chan
The Monetarist model differs from the classical model in that
a. changes in aggregate demand, not aggregate supply, drive changes in output.
b. changes in the money supply drive changes in inflation inflation.
c. changes in aggregate supply, not aggregate demand, drive changes in ouput.
d. money demand is not always stable.
e. none of the above.
ANSWER
A
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