Monetarists view government intervention in the economy as
A) necessary to maintain full employment.
B) unnecessary and potentially damaging.
C) effective because it stimulates capital formation.
D) leads to consistently higher employment and output.

Question

Quizplus · Accepted Answer

Monetarists believe that government intervention in the economy can lead to negative effects such as inflation and distortions in market forces. They advocate for minimal government intervention and a reliance on monetary policies to control economic growth and stability.

Monetarists View Government Intervention in the Economy as