Illustrate why do the classical or monetarist schools

Reference no: EM1334623

Classical economic thought concerning monetary stimulus

Why do the Classical or Monetarist schools of economic thought maintain that monetary stimulus is doomed to be ineffective in the long run?

Reference no: EM1334623

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Illustrate why do the classical or monetarist schools : Illustrate why do the Classical or Monetarist schools of economic thought maintain that monetary stimulus is doomed to be ineffective in the long run.

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