On which of the following do Keynesians and Monetarists agree ?
1)When there is recessionary gap, flexible wages will retrieve the labour market to equilibrium quickly.
2)The most important cause of demand shocks is changes in supply.
3)The demand for money is interest elastic.
4)Output deviates at times from the potential output because of demand shocks.
Here the correct option is 3 but how..!!please explain someone the ans...