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This is " Game of Theories: The Monetarists " from our Principles of Economics: Macroeconomics course. Meet the monetarists! This business cycle theory emphasizes

This is "Game of Theories: The Monetarists" from our Principles of Economics: Macroeconomics course.

Meet the monetarists! This business cycle theory emphasizes the effect of the money supply and the central bank on the economy. Formulated by Nobel Laureate Milton Friedman, it’s a “goldilocks” theory that argues for a steady rate of fairly low inflation to keep the economy on track.

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