Most monetarists favor:
a. frequent changes in the growth rate of the money supply to avoid inflation.
b. placing the Federal Reserve under the Treasury.
c. a steady, gradual shrinkage of the money supply.
d. a constant increase in the money supply year after year equal to the potential annual growth rate in real GDP.
d
Economics
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Real money supply expresses the money supply in terms of real goods and services
Indicate whether the statement is true or false
Economics
Money expansion stops when new reserves introduced into the banking system have been converted into: a. excess reserves
b. securities. c. deposits. d. required reserves. e. loans.
Economics