In a Study Published in 1963,Milton Friedman and Anna Schwartz

question 30

Multiple Choice

In a study published in 1963,Milton Friedman and Anna Schwartz found that in every business cycle they studied over nearly a hundred-year period

• A)the growth rate of the money supply decreased before output decreased.
• B)interest rates decreased before output decreased.
• C)the growth rate of federal government spending decreased before output decreased.
• D)the growth rate of state and local government spending decreased before output decreased.

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