Monetarists view the use of monetary policy to fine-tune the economy as

Name: Monetarists view the use of monetary policy to fine-tune the economy as
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

Monetarists, such as Milton Friedman, believe that the private sector is inherently stable and that the economy can self-regulate without the need for active monetary policy intervention to fine-tune economic fluctuations. They argue that the primary role of monetary policy should be to control inflation by managing the growth rate of the money supply.

Monetarists View the Use of Monetary Policy to Fine-Tune the Economy