Keynesians and Monetarists, economics homework help
you should know that one of the central
arguments in all of economics is between Keynesians and Monetarists
about just how much the government should get involved
in the economy.
Keynesians
say yes, government needs to be involved in reducing unemployment and
inflation (and of course other economic issues), while the Monetarists
led by Milton Friedman support minimal intervention
by the government, and instead prefer the free markets (supply and
demand) to resolve these problems.
WHAT DO YOU THINK?
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