Monetarists can be described as a group of macroeconomists who

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Monetarists focus on the importance of the money supply and its impact on macroeconomic activity. They believe that controlling the money supply is key to stabilizing the economy and reducing the negative effects of fluctuations in the business cycle. This is in contrast to other schools of thought, such as Keynesian economics, which emphasizes the importance of government intervention through spending and taxation policies. Monetarists also tend to advocate for a flexible exchange rate system and the independence of central banks in order to achieve their goals.

Monetarists Can Be Described as a Group of Macroeconomists Who