Mainstream economists contend that monetary policy tends to be destabilizing, in contrast to
monetarists who believe that monetary policy is a stabilizing factor.

Question

Quizplus · Accepted Answer

Mainstream economists often view monetary policy as a tool for stabilizing the economy, while monetarists specifically emphasize the role of controlling money supply in preventing inflation and stabilizing the economy.

Mainstream Economists Contend That Monetary Policy Tends to Be Destabilizing