Why Have Economists Abandoned the Use of Money-Growth Rules in the United

question 1

Multiple Choice

Why have economists abandoned the use of money-growth rules in the United States?

• A)Because the Fed can no longer control the money supply
• B)Because the velocity growth rate has been too stable
• C)Because of instability in money demand
• D)Because money-growth rules are overly activist

---

Definitions:

Sugar-Sweetened Drinks

Beverages that contain added sugars, which can contribute to health issues like obesity, diabetes, and dental problems when consumed in excess.

Rare And Complex

A term describing situations, conditions, or problems that are not common and involve multiple interconnected factors, making them difficult to understand or solve.

Successfully Treated

Refers to a condition or disease that has been effectively managed or cured, leading to the cessation of symptoms and recovery of the patient.

Onora O'Neill

A philosopher known for her work on Kantian ethics, bioethics, and the philosophy of trust.