Which of the following believes that the money supply is the critical policy lever?
A)Marxists.
B)Monetarists.
C)Supply-siders.
D)New classical economists.

Question

Quizplus · Accepted Answer

Monetarists believe that the money supply is the critical policy lever as they argue that changes in the money supply have a direct impact on the level of economic activity, inflation and interest rates. They advocate for controlling the money supply growth through monetary policy to stabilize the economy.

Which of the Following Believes That the Money Supply Is