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To Implement the Friedman Rule for Long-Term Monetary Policy,the Monetary

Question 1

Multiple Choice

To implement the Friedman rule for long-term monetary policy,the monetary authority would need to set the


A) inflation rate equal to zero.
B) nominal rate of interest equal to zero.
C) real rate of interest equal to zero.
D) money growth rate equal to zero.
E) output growth rate equal the inflation rate.

Correct Answer:

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