The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
A) believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
B) Keynesians think that monetary policy is always used effectively.
C) believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
D) favor "fine tuning" the economy by use of monetary policy while the Keynesians do not.
Correct Answer:
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Q1: In the Monetarist model,the long-run holds when
A)the
Q3: Keynes and many of his contemporaries believed
Q4: Compare and contrast the Monetarist theory of
Q5: In the modern Keynesian model,velocity
A)varies positively with
Q6: Which of the following is not a
Q7: Milton Friedman and others view the instability
Q8: Compare and contrast the monetarist and Keynesian
Q9: What do Monetarists believe about the slope
Q10: Compare and contrast the long-run and short-run
Q11: What do Keynesians believe caused the Great
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