The Constant Growth Rate Rule for Money,as Initially Proposed by Milton

question 82

Multiple Choice

The constant growth rate rule for money,as initially proposed by Milton Friedman,has been adjusted ________.

• A)to take the problem of moral hazard in account
• B)to account for the role played by adaptive expectations in policy formation
• C)for the difference between real and nominal economic variables
• D)to allow for possible short-run movements in velocity

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