Multiple Choice
Which of the following is FALSE?
A) Some monetarists believe that monetary policy can be a destabilizing influence on the economy.
B) The Federal Reserve followed a contractionary monetary policy during the Great Depression.
C) Following a monetary rule would mean that the level of business investment would be constant on a year-to-year basis.
D) In the long run, there appears to be a direct relationship between the rate of growth of the money supply and the rate of inflation.
Correct Answer:

Verified
Correct Answer:
Verified
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