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...ock]]s or policy errors push NGDP growth above or below the target, market monetarists argue that the bank should target the level rather than the rate of growth [[Market monetarism|Market monetarists]] are skeptical of traditional [[monetarism]]'s use of [[monetary aggregate ...

...favor of free markets (at least on the macroeconomic level). [[Monetarism|Monetarists]] instead support the generalized assertion that the correct approach to un ...

...with an equilibrium system and advocated disequilibrium models instead. [[Monetarists]], led by [[Milton Friedman]], adopted some Keynesian ideas, such as the im ...and is relatively stable—even during a downturn.{{sfn|Mishkin|2004|p=529}} Monetarists argued that "fine-tuning" through fiscal and monetary policy is counterprod ...

...amount of {{gli|money}} in {{gli|circulation}} (the {{gli|money supply}}). Monetarists assert that variations in the money supply have major influences on nationa ...