Examlex
Which of the following statements best describes angular movements?
Monetarists
Economists advocating the belief that adjustments in the money supply have significant repercussions on the national output in the near term and on price levels in the more distant future.
Policy Activism
An approach whereby government or policymakers actively intervene in the economy to achieve certain goals, like reducing unemployment or controlling inflation.
Economic Instability
A situation where an economy experiences significant fluctuations in its economic activities, such as employment, output, and prices, often leading to uncertainty and unpredictability.
Activist Monetary Policy
Activist monetary policy refers to proactive measures taken by central banks to counteract economic fluctuations through adjusting interest rates and altering the money supply to stabilize the economy.
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