The Monetarist model differs from the classical model in that ...

[waynest]

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.

Question 2

According to Edward Denison's estimates, the largest proportion of economic growth during the 1929-82 period was
 
  a. growth in the labor input.
  b. growth in output per unit of input.
  c. growth in the capital input.
  d. economies of scale.
  e. education.

[Andromeda18]

Answer to Question 1

A

Answer to Question 2

B

[waynest]

Excellent

[daiying98]

Thanks for the timely response, appreciate it