Question

Use the words below to construct three sentences that summarize the goals of demand-side, supply-side, and monetarist economic policies. Ideology

Solution

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One School of thought differs from the others in terms of ideology. This ideology is the result of time, that is, events.From the 1960s through 1980s, the monetarists gained influence because of the slow decline of discretionary fiscal policy Then, by the 1980s, the ideological rejection of "big government" created a generation of supply-siders who thought that the key to economic growth was a smaller government.

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