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valputin valputin
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8 years ago
The reason that economists are so interested in the stability of velocity is because if the demand for money is not stable, then steady growth of the money supply
A) is an ineffective way to conduct monetary policy.
B) is going to promote price stability at the expense of low unemployment.
C) can still be used to conduct monetary policy if the goal is price stability.
D) is going to promote low unemployment at the expense of price stability.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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