What, according to the monetarist theory of the business cycle, leads to changes in real GDP?
A. a change in profit expectations
B. a change in the growth rate in tax revenue
C. a change in the growth rate of the quantity of money
D. an unanticipated change in aggregate demand
Answer:C
What, according to the monetarist theory of the business cycle, leads to changes in real GDP?
A. a change in profit expectations B. a change in the growth rate in tax revenue C. a change in the growth rate of the quantity of money D. an unanticipated change in aggregate demand