Maintaining the Growth of the Money Supply at a Constant

question 16

Multiple Choice

Maintaining the growth of the money supply at a constant rate is an example of

• A) a nominal GDP targeting rule.
• B) a money targeting rule.
• C) discretionary policy.
• D) a money demand rule.
• E) an inflation targeting rule.

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Definitions:

Polynucleotide Strand

A long chain of nucleotide units linked together, forming part of the structure of DNA or RNA molecules.

Phosphates

salt or ester of phosphoric acid, often used in fertilizers and food additives, and plays a significant role in biochemistry.

Phosphodiester Linkage

The type of bond that joins the sugar and phosphate groups of adjacent nucleotides in DNA and RNA.

DNA Ligase

An enzyme that facilitates the joining of DNA strands together by catalyzing the formation of a phosphodiester bond.