Nobel Prize-Winner Milton Friedman Advocated Which of the Following as an Adequate

question 110

Multiple Choice

Nobel Prize-winner Milton Friedman advocated which of the following as an adequate monetary policy?

• A) a discretionary rule in which the money supply should be adjusted to control the level of inflation rate
• B) a discretionary rule in which the money supply should be adjusted to counteract aggregate demand shocks
• C) a strict rule in which the money supply should grow 2% higher than the long-run economic growth rate
• D) a strict rule in which the money supply should grow at the rate of the long-run economic growth rate

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Managerial Positions

Roles within an organization that involve overseeing operations, guiding employees, and making strategic decisions.

Speaking Pattern

A person's distinctive way of speaking, influenced by factors like region, education, and social background.

Word Choice

The selection of specific words to effectively and precisely convey meaning in verbal or written communication.

Pregnancy Discrimination

Unfair treatment of a woman in the workplace due to her pregnancy, childbirth, or related medical conditions.