Economists Who Propose a Constant-Money-Growth-Rate Rule Often Argue That Setting

Multiple Choice

Economists who propose a constant-money-growth-rate rule often argue that setting the annual growth rate in the money supply equal to the average annual growth rate in Real GDP

A) maintains price level stability over time.
B) is a way to raise Real GDP.
C) will cause the price level to fall over time.
D) a and b
E) a,b and c