Milton Friedman's k-percent rule says to set the rate of growth of the quantity of money equal to
A) the unemployment rate.
B) a constant rate.
C) last year's growth rate of real GDP.
D) the real interest rate.
E) the rate of growth of potential GDP.
Correct Answer:
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Q43: Under a k-percent rule, if the economy
Q44: Inflation targeting requires that the central bank
A)
Q45: The goals of inflation targeting are
i. to
Q46: If the Reserve Bank raises the cash
Q47: Maintaining the growth of the money supply
Q48: If the central bank bases its monetary
Q49: Which of the following is a problem
Q51: The k-percent rule, an example of a
Q52: When the Reserve Bank lowers the cash
Q53: If real GDP exceeds potential GDP, to
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