A monetary rule calls for establishing an unchanging rate of growth in the money supply on an annual basis.

Name: A monetary rule calls for establishing an unchanging rate of growth in the money supply on an annual basis.
Brand: Quizplus
Rating: 4.9 (61 reviews)

Question

Quizplus · Accepted Answer

A monetary rule, such as the one proposed by economist Milton Friedman, advocates for a fixed, unchanging rate of growth in the money supply each year, rather than allowing discretionary changes by policymakers.

A Monetary Rule Calls for Establishing an Unchanging Rate of Growth