The Slope of the Monetary Policy Rule Line Shows That

Multiple Choice

The slope of the monetary policy rule line shows that the Fed will seek to change the nominal rate of interest

A) by less than the change in the rate of inflation.
B) only when there is an increase in the rate of inflation.
C) by more than the change in the rate of inflation.
D) by an amount equal to the change in the rate of inflation.
E) only when there is a decrease in the rate of inflation.