Friedman argued that with a _____ money supply, velocity is so _____ that there's not much point in using monetary policy.
A) steady increase in the; large
B) constant; small
C) steady increase in the; constant
D) constant; large
Correct Answer:
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Q84: Monetarism asserts that GDP will grow steadily
Q85: Friedman favored:
A) activist monetary policy to stabilize
Q91: Use the following to answer questions :
Figure:
Q94: After 1980, the velocity of money began
Q95: Use the following to answer questions:
Scenario: The
Q97: Use the following to answer questions:
Scenario: The
Q98: Milton Friedman was the leading figure in
Q99: The concept of the monetary policy rule
Q100: Use the following to answer questions :
Figure:
Q101: Challenges to Keynesian economics were based on:
A)the
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