Which of these economists proposed that economic policy should be confined primarily to maintaining a constant long-run money supply growth rate?
A)Stanley Fischer
B)Milton Friedman
C)John Maynard Keynes
D)Paul Samuelson
E)John Taylor

Question

Quizplus · Accepted Answer

Milton Friedman proposed that economic policy should be confined primarily to maintaining a constant long-run money supply growth rate. This idea is known as the monetarist school of thought and emphasizes the importance of controlling the money supply in order to stabilize inflation and promote economic growth. Friedman believed that excessive government intervention in the economy could lead to inflation and other economic problems, and advocated for a limited role for government in regulating the economy.

Which of These Economists Proposed That Economic Policy Should Be