According to monetarists, which of the following would be most important for the control of inflation?
A) a steady increase in federal expenditures
B) the imposition of price controls
C) keeping the growth rate of the money supply low and steady
D) a steady increase in the size of the budget deficit

Question

Quizplus · Accepted Answer

Monetarists believe that inflation can be controlled by keeping the growth rate of the money supply low and steady. A steady increase in federal expenditures, a steady increase in the size of the budget deficit, and the imposition of price controls are not viewed as effective methods for controlling inflation by monetarists.

According to Monetarists, Which of the Following Would Be Most