Monetarism is a school of thought put forth by ________,who argued that the economy would most likely be at potential GDP.
A)Karl Marx
B)Milton Friedman
C)Finn Kydland and Edward Prescott
D)Robert Lucas and Thomas Sargent

Question

Quizplus · Accepted Answer

Monetarism is a school of thought associated with Milton Friedman, who believed that the economy would most likely be at its potential GDP if the money supply was kept stable and predictable. He argued that government intervention and fluctuations in the money supply could lead to inflation and economic instability.

Monetarism Is a School of Thought Put Forth by ________,Who