30 Monetarist economists believe all of the following except which one?

a. Supply side measures are the only effective means of reducing the natural rate of unemployment
b. There is a stable relationship between the growth of money supply and the rate of inflation
c. In the long run only fiscal policy is effective in reducing unemployment
d. Budget deficit should be avoided since they are a significant source of growth in the money supply

Question

30	Monetarist economists believe all of the following except which one?

a.	Supply side measures are the only effective means of reducing the natural rate of unemployment
b.	There is a stable relationship between the growth of money supply and the rate of inflation
c.	In the long run only fiscal policy is effective in reducing unemployment
d.	Budget deficit should be avoided since they are a significant source of growth in the money supply

uri · Answer

a.	Supply side measures are the only effective means of reducing the natural rate of unemployment

anonymous · Answer

isn't it C! Monetarists  don't  depend much on fiscal policies it's Keynesians who follow fiscal policy . so i think the answer is C but the given answer is D

uri · Answer

maybe? i go with A :D