Monetarists view the use of monetary policy to fine-tune the economy as
A) unnecessary because the private sector is inherently stable.
B) always inflationary.
C) less predictable than fiscal policy.
D) impossible because the Fed does not have the tools to control the money supply.
A
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Across developed and newly industrialized economies, since 1989 the United States has generally had
A) a higher unemployment rate than Japan and Hong Kong and a lower unemployment rate than the Eurozone countries. B) a lower unemployment rate than Japan and Hong Kong. C) a higher unemployment rate than the Eurozone countries. D) the same unemployment rate as Canada. E) a lower unemployment rate than Hong Kong and a higher unemployment rate than Japan and the Eurozone countries.
Some economists and policymakers who are in favor of government-provided health care believe that providing health care will
A) create negative externalities. B) generate more adverse selection. C) reduce asymmetric information. D) generate additional moral hazard.