All of the following are TRUE of monetarism in the United Kingdom EXCEPT that it
a. reflected a radical change from the postwar consensus regarding economic management.
b. signaled a rejection of Keynesian economics.
c. called for a widespread nationalization of industries.
d. assumed that there is a natural rate of unemployment set by the market.
e. indicated that government intervention in the economy should be limited to the manipulation of the money supply to keep inflation low.
c
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