Multiple Choice
If the economy's real output is growing by 2.5 percent a year, then in order to maintain price stability a monetarist would most likely recommend that money supply should be:
A) Held constant
B) Decreased by 1 percent a year
C) Increased by 2.5 percent a year
D) Increased by 7.5 percent a year
Correct Answer:
Verified
Correct Answer:
Verified
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