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Monetarists generally propose that the government should a use active monetary policy to stabilize the economy since fiscal policy has no b money supply grow

Monetarists generally propose that the government should

a use active monetary policy to stabilize the economy since fiscal policy has no

b money supply grow whenever budget deficits increase to keep interest rates low

c always lower monetary growth gradually so inflationary expectations have time to adjust

d target nominal interest rates rather than real interest rates, since real interest rates are hard to determine

e none of the above

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