According to Monetarists,such as Milton Friedman ________

question 63

Multiple Choice

According to monetarists,such as Milton Friedman ________.

• A)the central bank should have discretionary authority to respond to economic problems that develop over the course of the business cycle
• B)the Taylor rule should effectively address the problem of inflation
• C)an increase in government spending has substantially the same effects as an unanticipated increase in the money supply on domestic interest rates
• D)the money supply should grow at a constant rate regardless of the state of the economy

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