Topic: Monetarist
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What is Monetarist?
Economist who believes that control of the Money Supply is the key to managing the boom and bust cycles in the economy. Monetarists, most notably Milton Friedman and his followers, maintain that recessions are caused by declines in the rate... Read More »
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What is Monetarist Theory?
An economic concept which contends that changes in the money supply are the most significant determinants of the rate of economic growth and the behavior of the business cycle. Investopedia Says: One of the major economic concepts of our mo... Read More »
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What is the Monetarists approach to economics?
Monetarism maintains that the money supply is the chief determinant on the demand side of short-run economic activity. . Read More »
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Monetarist
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Monetarists believe that the economy is stable and that government intervention in the economy makes business cycles worse.
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1. an advocate of the theory that economic fluctuations are caused by increases or decreases in the supply of money
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Source: http://www.audioenglish.net/dictionary/monetarist.htm
monetarist: an advocate of the theory that economic fluctuations are caused by increases or decreases in the supply of money
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Source: http://www.kgbanswers.com/what-is-the-meaning-of-monetarist/17047...
Monetarist -noun Economics. a doctrine holding that changes in the money supply determine the direction of a nation's economy.
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Monetarists believe that GDP must equal the amount of money multiplied by the number of times it is respent.
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They are known to believe that economic instability is caused by unruly and unchecked private parties.
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Source: http://www.chacha.com/question/what-do-monetarists-believe-econom...
