what is the foundation of monetarism?
A)quantity theory of money
B)demand theory
C)islm model
D)none of these

Name: what is the foundation of monetarism? A)quantity theory of money B)demand theory C)islm model D)none of these
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Quizplus · Accepted Answer

Monetarism is primarily based on the quantity theory of money, which posits that changes in the money supply have direct and proportional effects on the price level and thus on inflation and economic activity.

What Is the Foundation of Monetarism