Author Question: Monetarism is a school of thought put forth by Milton Friedman. He argued that the economy would ... (Read 87 times)

Alainaaa8 · **on:** Jun 29, 2018

Monetarism is a school of thought put forth by Milton Friedman. He argued that the economy would most likely

A) be below potential GDP. B) be above potential GDP.
C) be unstable. D) be at potential GDP.

Question 2

The aggregate demand curve will shift to the left ________ the initial decrease in government purchases.

A) by less than
B) by more than
C) by the same amount as
D) sometimes by more than and other times by less than