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Which school of economic thought rejects fiscal policy?

What school of thought would make this suggestion, and how do economists of that school justify that prescription?

"The Fed should simply increase the money supply at the same rate that the full employment economy grows, and the government should desist from any stabilizing urges."

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9209072

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