Multiple Choice
(Last Word) 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
Correct Answer:
Verified
Correct Answer:
Verified
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