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the role of government in controlling the amount of money in circulation in order to prevent inflation
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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
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
The belief that the money supply is the most important factor in macroeconomic performance is?
Monetarism ;)
Related questions
What is emphasized in the monetarism school thought?
Monetarism emphasizes the the role of governments in controlling the amount of money in circulation.
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 the similarities between classical and Keynesian school of thoughts in economics?
Keynesians say that government should interven in economic activities where as classical say not too
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 aspect of Hinduism was emphasized in the Vedanta school of thought?
Vegetarianism
Which school of thought in psychology emphasized the purpose of behavior?
functionalism
What economic theory did Milton Friedman espouse?
Monetarism.
Who is the economist that is most often linked to monetarism?
Kennedy
Which school of psychology thought emphasized the purpose of the conscious mind?
functionalism
What school of literature emphasized the distinctiveness of African Americans?
Allal Fassi
Which formula summarizes Friedman's theory of monetarism?
Mv = pq
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