Monetarists believe that the economy will return to full employment in the long run on its own.

Name: Monetarists believe that the economy will return to full employment in the long run on its own.
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Monetarists believe in the self-correcting mechanism of the economy, which will eventually lead to full employment in the long run through the adjustment of prices and wages. They emphasize the role of monetary policy in influencing the level of aggregate demand and stabilizing the economy in the short run.

Monetarists Believe That the Economy Will Return to Full Employment