The leading spokesperson for monetarism was
A) John Maynard Keynes.
B) Milton Friedman.
C) Arthur Laffer.
D) Ronald Reagan.

Question

Quizplus · Accepted Answer

Milton Friedman is considered the leading spokesperson for monetarism, which emphasizes the role of the money supply in the economy and advocates for a stable and predictable growth rate in the money supply to achieve long-term economic stability. Keynesian economics, on the other hand, emphasizes the role of government intervention in the economy during times of economic downturns. Arthur Laffer is known for the Laffer Curve, which illustrates the relationship between tax rates and government revenue. Ronald Reagan was a proponent of supply-side economics, which emphasizes cutting taxes to stimulate economic growth.

The Leading Spokesperson for Monetarism Was