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Monetarism is an economic theory that focuses on proper control of the money supply. Monetarists attest that a steady annual increase in the money supply is critical for economic growth. They have a strong belief in the competitiveness, and self-correcting abilities of "The Markets." Therefore, they do not believe in government intervention (discretionary fiscal policy), or monetary policy.
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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 economist developed the theory of monetarism who advocates government regulation of the money supply?
Milton Friedman
What arethe distinguishing features of monetarism?
monatrism
Who is the economist that is most often linked to monetarism?
Kennedy
What economic theory did Milton Friedman espouse?
Monetarism.
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
In the theory of Monetarism what causes the price to increase?
larger quantity of money in circulation
What has the author TIM CONGDON written?
TIM CONGDON has written: 'KEYNES, THE KEYNESIANS AND MONETARISM'
What has the author R Opie written?
R. Opie has written: 'Monetarism and madness, by R. Opie'
What economist developed the theory of monetarism who advocates government regulation of the money supply?
Milton Friedman
How does monetarism compare to classical liberalism?
Monetarism and classical liberalism both emphasize the importance of free markets, but they differ significantly in their focus and policy implications. Monetarism, pioneered by economists like Milton Friedman, prioritizes the control of money supply as a key tool for managing economic stability and inflation, advocating for minimal government intervention in the economy. In contrast, classical liberalism encompasses a broader philosophical framework that champions individual liberties, limited government, and free markets, often emphasizing moral and ethical dimensions alongside economic efficiency. While both advocate for market mechanisms, monetarism is more narrowly focused on monetary policy.
What has the author A D Bain written?
A. D Bain has written: 'Buffer stock monetarism and the theory of financial buffers'
