Economists agree that if a monetary policy rule is to be used, the best one is one that makes the growth rate of the money supply constant.

Question

Quizplus · Accepted Answer

While some economists may argue for a constant money supply growth rate, there is no consensus on the "best" monetary policy rule. Different economic theories and circumstances may call for different approaches, such as targeting inflation or interest rates.

Economists Agree That If a Monetary Policy Rule Is to Be