Under a k-percent rule, if the economy goes into expansion, the central bank would

Name: Under a k-percent rule, if the economy goes into expansion, the central bank would
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Under a k-percent rule, the central bank increases the money supply by a constant percentage every year, regardless of the state of the economy. This means that actions like lowering tax rates, adjusting short-term interest rates, or specifically responding to economic expansions or contractions are not part of this policy approach.

Under a K-Percent Rule, If the Economy Goes into Expansion