In the 1960s, the monetarist school of thought held that A) ...

[anjilletteb]

In the 1960s, the monetarist school of thought held that
 
  A) monetary and fiscal policy could explain most of the output fluctuations in U.S. history.
  B) there is a long-run tradeoff between inflation and unemployment.
  C) efforts to fine-tune the economy are likely to do more harm than good.
  D) all of the above
  E) none of the above

Question 2

The intellectual leader of the monetarists was
 
  A) Robert Lucas.
  B) Milton Friedman.
  C) John Maynard Keynes.
  D) Paul Romer.
  E) John Taylor.

[duy1981999]

Answer to Question 1

C

Answer to Question 2

B

[anjilletteb]

TYSM

[strudel15]

Excellent