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AP US Government
Unit 4 – American Political Ideologies and Beliefs
Topic 4.9
Which Republican principle resulted from the influence of monetarist theory on their economic policy?
Debt financed public spending should be used extensively to stimulate growth during recessions
Government should intervene extensively in markets to ensure fair competition.
Imposing price controls are crucial to achieving economic stability.
Controlling inflation through control of money supply is more effective than controlling interest rates directly.
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AP US Government - 4.9 Ideology and Economic Policy
Key terms
Economic Policy
Monetarist theory
Republican principle
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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