Australia:
A) did not implement monetarist policy during 1976-85.
B) has only used the classical economics approach in designing monetary policy.
C) rejected a monetarist policy during 1976-85.
D) implemented a monetarist policy during 1976-85.

Question

Quizplus · Accepted Answer

Australia implemented a monetarist policy during the period of 1976-85, focusing on controlling the money supply to manage inflation and economic stability, diverging from previous Keynesian approaches.