Which of the following believes that the money supply should be expanded at a steady,predictable rate to ensure a natural rate of unemployment?
A)New classical economists.
B)Keynesians.
C)Supply-siders.
D)Monetarists.

Question

Quizplus · Accepted Answer

Monetarists believe that the money supply should be expanded at a steady and predictable rate to ensure economic stability and a natural rate of unemployment. Monetarists argue that fluctuations in the money supply lead to inflation and economic instability, and that a steady growth rate in the money supply is necessary for long-term economic growth. New classical economists also emphasize the importance of stable and predictable monetary policy, but focus more on the role of expectations and rational behavior in shaping economic outcomes. Keynesians argue for more active government intervention in the economy to stabilize output and employment, while supply-siders emphasize the importance of fiscal policies and incentives to promote economic growth.

Which of the Following Believes That the Money Supply Should