For Friedman, an additional objective of monetary policy should be A. Increase t

Question

For Friedman, an additional objective of monetary policy should be A. Increase the monetary offer proportional to the increase in the real GDP in the long run B. The stability of prices C. Countering recessions D. A and B For Friedman, an additional objective of monetary policy should be A. Increase the monetary offer proportional to the increase in the real GDP in the long run B. The stability of prices C. Countering recessions D. A and B A. Increase the monetary offer proportional to the increase in the real GDP in the long run B. The stability of prices C. Countering recessions D. A and B

Explanation / Answer

Money supply growth leads to inflation in the long run. So, the objective should be stabilization of prices.

Option B.

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