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A monetarist like Milton Friedman would assert that (choose one or more) A the velocity of money is stable and predictable. B in the long
A monetarist like Milton Friedman would assert that (choose one or more) A the velocity of money is stable and predictable. B in the long run a change in the growth rate of the money supply would cause a proportionate change in the growth rate of aggregate demand. C in the long run the growth rate of real GDP is primarily determined by factor supplies and technology, and not by changes in the growth rate of the money supply. D in the long run a change in the rate of (price) inflation is determined by a change in the growth rate of the money supply
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