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It can only stabilize short- term economic activity,hence,its effect will not be felt for a long time-things eventually go back to the way they were. Unless it is combined with other economic concepts,.
It doesn't tame unemployment and the cost of production in the long run.
Since the money printed or taken back will affect everybody in the same way,everybody will be affected in the same way,and the effect on the society will remain.
It might be hard to meet the actual demand for money, which may result in a decrease in available capital and beat the reason for the same.
Also,monetarist approach does not not recognize the citizens' subjective value of money and tries to create an objective value through supply and demand. This pushes them and they may grow resistant to policies that dont favour their needs, though economically viable
What else can I help you with?
Who is the economist that is most often linked to monetarism?
Kennedy
Which formula summarizes Friedman's theory of monetarism?
Mv = pq
The belief that the money supply is the most important factor in macroeconomic performance is?
Monetarism ;)
What is the belief that the money supply is the most important factor in macroeconomic performance?
monetarism
What are the criticisms of economic quantity approach?
what are the economic criticisms of quantity order approach
What arethe distinguishing features of monetarism?
monatrism
What economic theory did Milton Friedman espouse?
Monetarism.
Who is the economist that is most often linked to monetarism?
Kennedy
Which formula summarizes Friedman's theory of monetarism?
Mv = pq
What is the belief that the money supply is the most important factor in macroeconomic performance?
monetarism
In the theory of Monetarism what causes the price to increase?
larger quantity of money in circulation
The belief that the money supply is the most important factor in macroeconomic performance is?
Monetarism ;)
What has the author TIM CONGDON written?
TIM CONGDON has written: 'KEYNES, THE KEYNESIANS AND MONETARISM'
What are the criticisms of economic quantity approach?
what are the economic criticisms of quantity order approach
What economist developed the theory of monetarism who advocates government regulation of the money supply?
Milton Friedman
What has the author R Opie written?
R. Opie has written: 'Monetarism and madness, by R. Opie'
What are some common criticisms of Ikea kitchens?
There are many different criticisms that people have regarding Ikea kitchens. These criticisms can range from design, style, build quality and the ease of which things break.
