With a monetary growth rule as proposed by the monetarists,during a recession the rate of growth of the money supply would
A)decrease.
B)increase.
C)not change.
D)decrease or increase depending on economic conditions.

Question

Quizplus · Accepted Answer

Monetarists advocate for a steady rate of growth in the money supply, not adjusting it based on economic cycles such as recessions or expansions. This approach aims to provide stability and predictability in the monetary policy.

With a Monetary Growth Rule as Proposed by the Monetarists,during