Milton Friedman Argued That a Central Bank's Control Over the Money

Multiple Choice

Milton Friedman argued that a central bank's control over the money supply could be used to peg which of the following?

A) the level or growth rate of a nominal variable, but not the level or growth rate of a real variable
B) the level of a nominal or real variable, but not the growth rate of a real or nominal variable
C) the level or growth rate of a real variable, but not the level or growth rate of a nominal variable
D) both levels and growth rates of both real and nominal variables