The difference between the monetarist and Keynesian views on discretio

The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists

a. believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
b. Keynesians think that monetary policy is always used effectively.
c. believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
d. favor “fine tuning” the economy by use of monetary policy while the Keynesians do not.

 

ANSWER

C

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