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monetarism
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monetarism


Thatcher’s monetarism has a major impact on Britain’s economic growth.
  economics:  the belief that the rate of inflation (and often other economic indicators) are usually caused by changes in the supply of money
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monetarist monetarism monetarists
Notes:
Monetarism gets its name because policies to change the supply of money are called monetary policy.
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Samples:
  • Thatcher’s monetarism has a major impact on Britain’s economic growth.
  • She views monetarism as an excuse to abandon the plight of the poor.
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Associated words [difficulty]:   monetarism
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Most commonly used in these subjects:   Business, Personal Finance, Public Policy & Politics
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