Solved

In Recent Years,a Monetary Growth Rule Has Fallen Out of Favor

Question 173

Multiple Choice

In recent years,a monetary growth rule has fallen out of favor because


A) it is believed that active monetary policy destabilizes the economy and makes the business cycle worse.
B) the growth rate of GDP has been highly unstable.
C) the close relationship between movements in M1 and movements in real GDP has become weaker.
D) the growth rate of M1 has become more stable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions