Monetarists
A) believe that fiscal policy is the most important aspect of the economy.
B) believe that output is determined by technology shocks.
C) emphasize the role of money in the economy.
D) suggest that the government determine all production decisions.

Question

Quizplus · Accepted Answer

Monetarists emphasize the role of money in the economy, and believe that changes in the money supply can have significant effects on output and inflation. They do not believe that fiscal policy is the most important aspect of the economy, nor do they suggest that the government should determine all production decisions. Additionally, while technology shocks can influence output, this is not a core belief of monetarism.