What Kind of Monetary Policy Rule Did Milton Friedman Advocate

question 129

Multiple Choice

What kind of monetary policy rule did Milton Friedman advocate?

• A) The money supply should increase by 3 percent each year.
• B) Prices should increase by 3 percent each year.
• C) Economic growth should be 3 percent every year.
• D) Long-run economic growth should be 3 percent.

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Cruel and Unusual Punishment

Punishment prohibited by the Eighth Amendment to the U.S. Constitution, including torture or other forms of punishment too severe for the crime committed.

Constitutional Amendments

Changes or additions to a constitution, which typically require a special process of ratification.

Prior Restraint

A legal doctrine that prevents the government from prohibiting speech or publication before it occurs, often associated with censorship issues.

Film and Internet

Broad domains involving the creation, distribution, and consumption of movies and digital content accessible via the web, respectively, impacting culture and communication.