Post Utme Uniben 2022 General Studies Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Uniben General Studies examination.

Post Utme Uniben 2022 General Studies Objective / Multiple Choice
Question 18 POST_UTME_UNIBEN • 2022 • GENERAL STUDIES • objective

What is the main difference between a 'monetarist' and a 'Keynesian' economic theory?

Answer Options

A. Monetarists believe in the importance of government intervention in the economy, while Keynesians believe in the importance of free market forces
Correct Answer B. Monetarists believe in the importance of monetary policy, while Keynesians believe in the importance of fiscal policy
C. Monetarists believe in the importance of supply-side economics, while Keynesians believe in the importance of demand-side economics
D. Monetarists believe in the importance of inflation targeting, while Keynesians believe in the importance of price stability
Correct Answer
B
Correct Option:
Monetarists believe in the importance of monetary policy, while Keynesians believe in the importance of fiscal policy

About This Question

This is Post Utme Uniben 2022 General Studies Question 18. It is one of the objective questions from the 2022 Post Utme Uniben General Studies examination.

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