"An erratic monetary policy is the primary sources of business instability and inflation." This view is held by
Click on the arrows to vote for the correct answer
A. B. C. D.A
Monetarists believe that monetary policy has a powerful influence on the economy but also realize that there are lengthy and unpredictable time lags between the implementation of a monetary policy and the realization of its primary effects. Hence, an erratic monetary policy can lead to big instabilities in the economy.