Milton Friedman's k-percent rule says to set the rate of growth of the quantity of money equal to
A) the real interest rate.
B) a constant rate.
C) the rate of growth of potential GDP.
D) the unemployment rate.
E) last year's growth rate of real GDP.
B
Economics
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Marginal revenue is equal to:
A) the change in price divided by the change in output. B) the change in quantity divided by the change in price. C) the change in P x Q due to a one unit change in output. D) price, but only if the firm is a price searcher.
Economics
Which of the following is a driving force underlying economic growth?
What will be an ideal response?
Economics