Monetarists have maintained the Classical tradition by emphasizing the
A) importance of government's fine-tuning policies.
B) inflationary impact of government spending.
C) instability of money demand.
D) inherent stability of the economy.

Question

Quizplus · Accepted Answer

Monetarists, like Classical economists, believe in the inherent stability of the economy and argue that it tends to return to full employment on its own without government intervention.

Monetarists Have Maintained the Classical Tradition by Emphasizing the