Which of the following statements about monetarism is TRUE?
A) It argues for the deregulation of the money supply.
B) It believes that too much money in circulation leads to high inflation.
C) It believes that too much money in circulation creates deflationary pressures on the economy.
D) It is based on the belief that discretionary spending by the government is necessary for a healthy economy.
E) It advocates cutting taxes and deregulating business to stimulate the economy.
Correct Answer:
Verified
Q3: Which economist developed the theory of monetarism?
A)
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