24. Monetarist say: A. that, because P is stable, a change in M will change Q proportionately in the opposite direction.
Posted: Fri Jul 01, 2022 7:56 am
24. Monetarist say: A. that, because P is stable, a change in M will change Q proportionately in the opposite direction. B. a change in the money supply will change aggregate demand and therefore GDP. C. a change in the money supply will change velocity, which in turn will change GDP. D. a change in the money supply will change the interest rate, which will change investment spending and GDP.