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The Constant Growth Rate Rule for Money,as Initially Proposed by Milton

Question 82

Multiple Choice

The constant growth rate rule for money,as initially proposed by Milton Friedman,has been adjusted ________.


A) to take the problem of moral hazard in account
B) to account for the role played by adaptive expectations in policy formation
C) for the difference between real and nominal economic variables
D) to allow for possible short-run movements in velocity

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