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Author Question: To implement the Friedman rule for long-term monetary policy, the monetary authority would need to ... (Read 35 times)

Yolanda

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on: Jun 30, 2018
To implement the Friedman rule for long-term monetary policy, the monetary authority would need to set the
 
  A) inflation rate equal to zero.
  B) nominal rate of interest equal to zero.
  C) real rate of interest equal to zero.
  D) money growth rate equal to zero.

Question 2

According to Irving Fisher, velocity ________.
 
  A) is determined by institutions that affect the way individuals transact
  B) is affected by institutions only gradually
  C) is assumed constant in the short run
  D) all of the above
  E) none of the above


amcvicar

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


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