Asked by jasmine badayos on May 21, 2024
Verified
The monetarists advocate increasing the money supply by about ________% a year.
Monetarists
Economists who believe that the variations in the money supply have major influences on national output in the short run and the price level over longer periods.
Money Supply
The total monetary resources accessible in an economy, including but not limited to cash, coins, and the balances held in checking and savings accounts, at a particular moment.
- Understand the principles of monetarism, focusing on their views concerning alterations in the money supply amidst economic downturns.
Verified Answer
MD
Learning Objectives
- Understand the principles of monetarism, focusing on their views concerning alterations in the money supply amidst economic downturns.