Nominal GDP Targeting Is a Monetary Policy That

Multiple Choice

Nominal GDP targeting is a monetary policy that:

A) tries to achieve a steady chosen percentage increase in nominal GDP each year.
B) tries to keep the level of nominal GDP unchanging as a stabilizing force in the economy.
C) use a fluctuating GDP as a policy tool to achieve the desired level of interest rates.
D) sets a goal level of the money supply and accepts what it does to nominal GDP.