The monetary rule is the view of the:
A) Keynesians, that monetary policy is most important.
B) monetarists that monetary policy is most important.
C) classical economists that monetary policy is most important.
D) monetarists that the RBA should expand the money supply at a constant rate.

Question

Quizplus · Accepted Answer

Monetarists believe that the central bank, like the RBA, should expand the money supply at a constant rate, as they view this as a way to ensure economic stability and control inflation.

The Monetary Rule Is the View of The