Libertarians believe that:a) monetary policy is more important than monetization policy. b) Keynesian economics is preferable to demand-side economics. c) government action on the economy should be kept to a minimum. d) only public goods matter to the smooth functioning of an economy.

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Business

Nayeli Mcintosh

20 March, 09:22

Libertarians believe that:a) monetary policy is more important than monetization policy. b) Keynesian economics is preferable to demand-side economics. c) government action on the economy should be kept to a minimum. d) only public goods matter to the smooth functioning of an economy.

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Answers (2)

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Gary Bird · Answer 1

C) government action on the economy should be kept to a minimum.

Explanation:

Libertarians are called that way because they seek to maximize the individual freedom of people and decrease the roles carried out by the different levels of government. According to them, less government intervention = more freedom. Libertarians dislike authority and state power, and prefer freedom and autonomy. They favor laissez-faire capitalism and a smaller government.

James Stone · Answer 2

c. government action on the economy should be kept to a minimum.

Explanation:

Libertarians believe that government action on the economy should be kept to a minimum.

Libertarians are strongly inclined to a process view of distributive justice than an end-state view.

Libertarianism involves the belief that government's only concern should be to assure a fair process of distribution without assuring a particular outcome.