If the Fed increases the quantity of money, ________ economists believe that the ________.
A. Keynesian; aggregate supply curve shifts rightward
B. Keynesian; structural deficit increases
C. monetarist; cyclical deficit increases
D. monetarist; aggregate demand curve shifts rightward
Answer:D
If the Fed increases the quantity of money, ________ economists believe that the ________.
A. Keynesian; aggregate supply curve shifts rightward B. Keynesian; structural deficit increases C. monetarist; cyclical deficit increases D. monetarist; aggregate demand curve shifts rightward