A growing body of academic evidence, particularly from economists at the Bank for International Settlements indicates that:

Question

Quizplus · Accepted Answer

The growing body of academic evidence, particularly from economists at the Bank for International Settlements, suggests that even in low inflation countries, monetary aggregates contain useful information about stresses in the financial system. Therefore, choice B is the best option. Choices A, C, and D are inaccurate statements based on the evidence presented.

A Growing Body of Academic Evidence, Particularly from Economists at the Bank