Answers MCS Economics BL Economic Policy: Influential TheoriesQuestion 1

1

AssignmentMultiple Choice

Economic Policy: Influential Theories

Question 1 • MCS Economics BL

Milton Friedman helped to establish the economic theory of monetarism.Which statement best describes the idea of monetarism?

Answer

A

Aggregate supply and demand can only be influenced through fiscal policy.

B

Changes in consumer behaviors should not be influenced by policy.

C

Monetary policy is the best way to influence economic growth.

D

The money supply should not be the determining factor when influencing economic events.

More from this Course

11 verified answers

5.4 Economic Policy: Influential Theories

4 verified answers

Instruction

4 verified answers

Instruction