Which Group of Economists Disagrees with Discretionary Monetary Policy in Favour

question 36

Multiple Choice

Which group of economists disagrees with discretionary monetary policy in favour of a monetary rule that prescribes a slow increase in the money supply?

• A) Keynesians
• B) monetarists
• C) supply-side economists
• D) classical economists

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Definitions:

Empathy

The ability to understand and share the feelings of another from their perspective; often described as putting oneself in another's shoes.

Golden Rule

A moral principle that suggests treating others as one would wish to be treated, promoting empathy and fairness.

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The practice of treating customers with fairness, honesty, and respect, adhering to moral principles during service interactions.

Customer Needs

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