The Monetary Growth Rule Is a Plan for Increasing the Quantity

question 267

Multiple Choice

The monetary growth rule is a plan for increasing the quantity of money

• A)at a fixed rate that does not respond to changes in the economic condition.
• B)at a rate which increases as the economy grows.
• C)at a rate which decreases as the economy declines.
• D)at a rate which increases during recessions and decreases during expansions.