Milton Friedman's proposition that inflation is always and everywhere a monetary phenomenon holds only if ________.
A) government budget deficits do not rise continually
B) the unemployment rate does not rise continually
C) the inflation rate rises continually
D) Canada does not experience more than one negative supply shock per decade

Question

Quizplus · Accepted Answer

The Answer of Milton Friedman's proposition that inflation is always and everywhere a monetary phenomenon holds only if ________.
A) government budget deficits do not rise continually
B) the unemployment rate does not rise continually
C) the inflation rate rises continually
D) Canada does not experience more than one negative supply shock per decade

Milton Friedman's Proposition That Inflation Is Always and Everywhere a Monetary