Milton Friedman Argued That the Fed's Control Over the Money

Multiple Choice

Milton Friedman argued that the Fed's control over the money supply could be used to peg

A) the level or growth rate of a nominal variable, but not the level or growth rate of a real variable.
B) the level of a nominal or real variable, but not the growth rate of a real or nominal variable.
C) the level or growth rate of a real variable, but not the level or growth rate of a nominal variable.
D) both levels and growth rates of both real and nominal variables.