

MCQOPTIONS
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1. |
Goodhart’s Law suggests that ? |
A. | bad money drives out good |
B. | monetary policy can only be effective if it is a long-term policy |
C. | controlling one part of the money supply will merely result in that item becoming less important |
D. | the money supply must only expand at the rate of growth of real national income |
Answer» D. the money supply must only expand at the rate of growth of real national income | |