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Given the Monetary Policy Rule Equation of M = M0

Question 85

Multiple Choice

Given the monetary policy rule equation of M = M0 - ?(Y - YP) , we can deduce that:


A) M is equal to M0, if Y is less than YP.
B) M is greater M0, if Y is greater than YP.
C) M is less than M0, if Y is less than YP.
D) M is greater than M0, if Y is less to YP.

Correct Answer:

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