- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 15. Understanding Business Cycles
- Subject 2. Theories of the Business Cycle
CFA Practice Question
The monetarist view believes that the ______ is the most significant influence on aggregate demand.
B. quantity of money demanded
C. intersection of money supply and demand
A. quantity of money supplied
B. quantity of money demanded
C. intersection of money supply and demand
Correct Answer: A
Monetarists argue that the money supply should be kept growing at an even pace.
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