The Shadow Open Market Committee, a group of economists with the Monetarist point of view, calls for a reduction in the money supply. They must be concerned about _____.

Respuesta :

Answer:

The correct answer is: Inflation.

Explanation:

To begin with, the name of "Shadow Open Market Committee" or SOMC refers to an independent group of economists that has the main purpose of providing alternative view regarding the subjects of the monetary policies and the inflation of the country. Therefore that this group is considered to be a monetarist one and their ideas focus on the fact of reducing the most possible the money supply due to the fact that the increase of it tend to cause high inflation rates eventually.