In 2008, Japanʹs economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint,___________ to bring the economy back to full employment.

Question

In 2008, Japanʹs economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint,___________  to bring the economy back to full employment.

Quizplus · Accepted Answer

Monetarists believe in maintaining a steady growth rate of the money supply to ensure economic stability and avoid inflation or deflation, rather than taking active fiscal or monetary measures in response to economic fluctuations.

In 2008, Japanʹs Economy Suffered as World Economies Slowed