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According to the monetarist perspective, where does instability in the macro economy arises from?
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VerifiedAnswered 1 year ago
Answered 1 year ago
The monetarist theory is an economic concept that claims that changes in money supply are the most significant determinants of the rate of economic growth and the behavior of the business cycle. This means that instability in the macro economy arrises from discretionary changes in monetary policy.
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