Which of the following groups believes that the money supply is the critical policy lever?
A)Marxists.
B)Monetarists.
C)Supply-siders.
D)New classical economists.

Question

Quizplus · Accepted Answer

Monetarists believe that the money supply is the critical policy lever for achieving economic stability and growth. They argue that the government should control the money supply and that changes in the money supply have a direct impact on inflation and economic activity. Marxists, supply-siders, and new classical economists have different views on the role of the government and the economy, and do not necessarily prioritize the money supply as a critical policy lever.

Which of the Following Groups Believes That the Money Supply