Milton Friedman Would Eliminate the Destabilizing Effect of the Central

question 22

Multiple Choice

Milton Friedman would eliminate the destabilizing effect of the Central Bank's monetary policy by

• A)eliminating the Central Bank.
• B)removing the Central Bank's political independence.
• C)requiring that the Central Bank choose a monetary aggregate and increase it at a fixed percentage rate each year.
• D)eliminating the Central Bank's right to carry out open-market operations.

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Definitions:

Predictive Factor

A characteristic or variable that can be used to forecast or estimate an outcome.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Violent Behavior

Acts characterized by physical force with the intent to harm, damage, or violate another being or object.

Helping Process

A systematic series of actions directed towards providing assistance or support to others.