The best description of the growth of the money supply since 1960 is that it has

Question

Quizplus · Accepted Answer

The growth of the money supply since 1960 has not followed a consistent trend of steady increase or decrease. Rather, it has shown patterns of both fast and slow growth over the decades, making option E the most accurate choice. While there was a rapid increase during the 1980s, there was not a rapid decrease during the 1960s. Therefore, options B and D are both incorrect. Option A is also incorrect because it implies a consistent rate of increase, which is not true. Option C is also incorrect because it implies a steady decrease, which is not true.

The Best Description of the Growth of the Money Supply