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According to Milton Friedman, If the Solow Growth Rate Is

Question 67

Multiple Choice

According to Milton Friedman, if the Solow growth rate is 3 percent, then the Fed should set the annual money growth rate at

A) 3 percent.
B) less than 3 percent.
C) more than 3 percent.
D) approximately 3 percent, depending on the shocks.

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