The Argument Advanced by Milton Friedman for Adopting a Monetary

Multiple Choice

The argument advanced by Milton Friedman for adopting a monetary growth rule is that

A) active monetary policy potentially destabilizes the economy.
B) the Fed can control the money supply,but not the level of interest rates.
C) a constant rate of growth in the money supply would eliminate the booms and recessions that make up the business cycle.
D) the growth rate of M1 has been unstable.