Monetarists are in favor of
A)inflation targeting.
B)interest rate targeting.
C)output targeting.
D)nominal income targeting.
E)money growth targeting.

Name: Monetarists are in favor of A)inflation targeting. B)interest rate targeting. C)output targeting. D)nominal income targeting. E)money growth targeting.
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Question

Quizplus · Accepted Answer

Monetarists believe that the most effective way to stabilize the economy is by controlling the growth rate of the money supply. Therefore, money growth targeting is their preferred policy tool.

Monetarists Are in Favor of