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So-Called Market Monetarists Suggest That the Fed, Based on Economic

Question 171

Multiple Choice

So-called market monetarists suggest that the Fed, based on economic performance data over the past many decades, should aim for which of the following targets?


A) a 5 percent per year growth in nominal GDP
B) a 5 percent per year inflation rate
C) a 5 percent unemployment rate
D) a 5 percent per year expansion of real GDP

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