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Monetarists Recommend That the Money Supply Should Grow at A

Question 65

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Monetarists recommend that the money supply should grow at a:


A) rate that changes as the economy moves from stage to stage in the business cycle.
B) steady rate that is higher than output's growth rate to stimulate growth.
C) rate that varies in direct proportion to unemployment to offset it.
D) slow, steady rate that is based on the long-run real GDP growth rate.

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