With a Monetary Growth Rule as Proposed by the Monetarists

question 243

Multiple Choice

With a monetary growth rule as proposed by the monetarists, during a recession the rate of growth of the money supply would

• A)decrease at the same rate as the employment/population ratio.
• B)increase at the same rate as the unemployment rate.
• C)not change.
• D)decrease at the same rate as real GDP.
• E)increase at the same rate as inflation.

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