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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