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Tidy Tidy
wrote...
Posts: 4852
9 years ago
In recent years, a monetary growth rule has fallen out of favor because
A) it is believed that active monetary policy destabilizes the economy and makes the business cycle worse.
B) the growth rate of GDP has been highly unstable.
C) the close relationship between movements in M1 and movements in real GDP has become weaker.
D) the growth rate of M1 has become more stable.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 556 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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Tidy Author
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9 years ago
Thanks
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Yesterday
Thanks for your help!!
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2 hours ago
this is exactly what I needed
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