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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Consumer confidence in the economy falls, and as a result, aggregate demand decreases. As real GDP falls below potential GDP, if the Fed followed Friedman's k-percent rule, the Fed would
A) continue allowing the quantity of money to grow at "k" percent.
B) increase government expenditures.
C) increase the quantity of money more than usual.
D) lower the federal funds rate.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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#2
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
wrote...
#3
7 years ago
Happy to help Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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