According to the Monetarists, the primary cause of inflation is: ...

[azncindy619]

According to the Monetarists, the primary cause of inflation is:
 a. large budget deficits.
  b. high taxes.
  c. rapid expansion of the money supply.
  d. government expenditures that are large relative to the size of the economy.

Question 2

Full employment occurs when the rate of unemployment consists of:
 a. structural plus frictional unemployment.
  b. cyclical plus frictional unemployment.
  c. structural, frictional, and cyclical unemployment.
  d. none of these.

[mmj22343]

Answer to Question 1

c

Answer to Question 2

a

[azncindy619]

Excellent

[dantucker]

Thanks for the timely response, appreciate it