The third monetarist proposition asserts that in the short run, a. ch

The third monetarist proposition asserts that in the short run,

a. changes in money demand are the dominant factor causing cyclical movements in output and employment.
b. money supply is only one of many factors resulting in cyclical movements in output and employment.
c. money primarily influences the price level and other nominal magnitudes.
d. None of the above

ANSWER

D