(I)  a Monetary Policy That Results in Price Stability Will Encourage

Multiple Choice

(I)   A monetary policy that results in price stability will encourage the realization of gains from trade and thereby help promote economic growth.
(II)   High tariffs and restrictive quotas will encourage rapid economic growth.

A) I is true; II is false.
B) II is true; I is false.
C) Both I and II are true.
D) Both I and II are false.