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Business, 26.07.2019 00:20 babyash12718

Which of the following statements is true? a. in the monetarist transmission mechanism, the aggregate supply curve is downward sloping. b. in the monetarist transmission mechanism, if individuals are faced with an excess supply of money, they spend that money on a wide variety of just bonds or other assets, as is the case in the keynesian transmission mechanism. c. in the monetarist transmission mechanism, there is a need for the money market to affect the loanable funds market or investment before aggregate demand will be affected. d. in the monetarist transmission mechanism, changes in the money market indirectly affect aggregate demand.

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