Multiple Choice
Milton Friedman and Anna Schwartz conclude that
A) output fluctuations cause changes in money growth.
B) changes in money growth cause output fluctuations.
C) there is no causal link between the money supply and output.
D) there is no evidence for changes in the money supply that are not influenced by changes in output or by third factors that influenced both money and output.
Correct Answer:
Verified
Correct Answer:
Verified
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