Which One of the Following Statements Best Describes the Monetarist

question 92

Multiple Choice

Which one of the following statements best describes the monetarist view of economic stabilization?

• A)Discretionary policies often do more harm than good.
• B)Monetary policy should be used to fine-tune the economy.
• C)Fiscal policy is more effective than monetary policy.
• D)Both monetary and fiscal policy are unable to influence output,employment,and the price level.
• E)Discretionary policies are not very helpful but neither are they particularly harmful.

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