The main result of which of the following models is that the quantity of money should be increased at a constant rate?
A)monetarist model
B)new classical model
C)real business cycle model
D)new Keynesian model

Question

Quizplus · Accepted Answer

The monetarist model, developed by Milton Friedman, suggests that the quantity of money in circulation should be increased at a constant rate to promote economic growth and stability. The theory highlights the importance of controlling the money supply to keep inflation in check, rather than relying on fiscal policy to stabilize the economy.

The Main Result of Which of the Following Models Is