MCQOPTIONS
Saved Bookmarks
| 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 | |