According to the Monetarists,policy Makers Should Follow a Monetary Rule,which

question 36

Multiple Choice

According to the monetarists,policy makers should follow a monetary rule,which means that

• A)the Bank of Canada should return to the gold standard.
• B)the Bank of Canada should keep interest rates stable.
• C)the Bank of Canada should increase the money supply smoothly at a rate consistent with the economy's long-run average growth rate.
• D)Parliament should take over the Bank of Canada's open market powers.

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The additional output resulting from one more unit of a certain input.

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