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Which of the Following Is NOT a Monetarist Proposition

Question 12

Multiple Choice

Which of the following is NOT a monetarist proposition?


A) monetary policy is better conducted by a rule than by discretion
B) monetary policy affects the economy with long and variable lags
C) the Fed should undertake a more active monetary policy
D) the private sector is inherently stable
E) to conduct monetary policy, money targets are generally better than interest rate targets

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