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Monetarism emphasizes the the role of governments in controlling the amount of money in circulation.

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Michael Scalise

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3y ago
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2w ago

Monetarism emphasizes the role of money supply in influencing economic activity, particularly inflation. It suggests that controlling the growth rate of money supply is crucial for maintaining stable prices and promoting long-term economic growth. Monetarists believe that changes in the money supply have a direct impact on aggregate demand and that central banks should focus on controlling money growth to achieve macroeconomic stability.

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Q: What is emphasized in the monetarism school thought?
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Related questions

What emphasized in the monetarism school of thought?

the role of government in controlling the amount of money in circulation in order to prevent inflation


What is emphasized in the monetarism school of thoughts?

the role of government in controlling the amount of money in circulation in order to prevent inflation


What aspect of Hinduism was emphasized in the Vedanta school of thought?

Vegetarianism


Which school of thought in psychology emphasized the purpose of behavior?

The school of thought that emphasized the purpose of behavior in psychology was functionalism. Functionalism focused on understanding how mental processes and behavior serve a purpose or function in helping organisms adapt to their environment. Key figures associated with functionalism include William James and John Dewey.


Which school of psychology thought emphasized the purpose of the conscious mind?

functionalism


As the leader of the Chicago School Milton Friedman became associated with what economic theory based on controlling the supply of money in an economy?

Monetarism


What arethe distinguishing features of monetarism?

monatrism


What major force in psychology emphasized unconscious thought processes?

Sigmund Freud, the founder of psychoanalysis, emphasized the significance of unconscious thought processes in shaping behavior and mental health. He highlighted the role of repressed desires, memories, and emotions in influencing our thoughts and behaviors. Freud's work revolutionized the understanding of human psychology by drawing attention to the unconscious mind.


What economic theory did Milton Friedman espouse?

Monetarism.


Who is the economist that is most often linked to monetarism?

Kennedy


What systems of political thought emphasized that capitalism mistreats the work class?

Marxism - APEX


What is the main idea of monetarianism?

Monetarism is a school of economic thought that emphasizes the role of government control over the money supply to achieve economic stability and growth. It argues that fluctuations in the money supply are the primary cause of economic fluctuations, and advocates for central bank intervention to control inflation and stabilize the economy.