Monetarists are of the opinion that the private economy is inherently

A) unstable and the public sector should be small in scope.
B) unstable and the public sector should be large in scope.
C) stable,but that the public sector should be large in scope.
D) stable and that the government sector should be small in scope.

Monetarists

Economists of the view that changes in the money supply are major determinants of short-term national production and long-term price stability.

Private Economy

A section of the economy that is owned and operated by private individuals and companies rather than the government.

Public Sector

Pertains to the part of the economy composed of both public services and public enterprises, owned and operated by the government.