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"The effectiveness of monetary policy depends primarily on how monetary policy influences interest rates and

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A. Monetarists agree with this statement but Keynesians do not.

B. Monetarists and Keynesians agree with this statement.

C. Neither Monetarists nor Keynesians agree with this statement.

D. Keynesians agree with this statement but Monetarists do not.

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  1. The answer is D

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