Friedman Argued That a Central Bank Could Use Monetary Policy

question 136

Multiple Choice

Friedman argued that a central bank could use monetary policy to peg which of the following?

• A) the nominal exchange rate
• B) the real GDP growth rate
• C) the unemployment rate
• D) the interest rate

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Definitions:

Scandinavian Countries

Nations in Northern Europe, typically including Denmark, Norway, Sweden, Finland, and Iceland, known for their comprehensive welfare states and high standard of living.

Second Wave

Refers to the second wave of feminism that emerged in the 1960s, focusing on issues of equality, workplace rights, and reproductive rights.

Sexual Violence

Any sexual act, attempt to obtain a sexual act, unwanted sexual comments or advances, or acts to traffic someone’s sexuality, using coercion.

Women's Movement

A social movement aimed at achieving gender equality and addressing issues facing women, including rights, freedoms, and opportunities.