(Last Word) So-Called Market Monetarists Suggest That the Fed, Based

question 172

Multiple Choice

(Last Word) So-called market monetarists suggest that the Fed, based on economic performance data over the past many decades, should aim for which of the following targets?

• A) a 5 percent per year growth in nominal GDP
• B) a 5 percent per year inflation rate
• C) a 5 percent unemployment rate
• D) a 5 percent per year expansion of real GDP

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