his government's monetarism was beginning to bear fruit.
Monetarism is an economic theory that focuses on the control of the money supply.
Monetarism advocates for managing inflation by controlling the amount of money in circulation.
Many central banks around the world follow principles of monetarism in setting monetary policy.
Monetarism emphasizes the role of the central bank in influencing economic activity through monetary policy.
Some critics argue that monetarism oversimplifies the complexities of the economy.
Monetarism gained popularity in the 1970s as a response to high inflation rates.
Monetarism suggests that changes in the money supply directly impact economic growth.
The Federal Reserve in the United States has been influenced by monetarism in its policy decisions.
Monetarism is often associated with economist Milton Friedman, who was a prominent advocate of the theory.
Monetarism focuses on the relationship between the money supply, inflation, and economic output.
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