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New Classical Model
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New Classical Model
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24. Macroeconomic Schools of Thought / New Classical Model / Problem 6
Problem 6
What is the purpose of a steady growth rule in the money supply according to the New Classical Model?
A
To help manage inflation expectations by providing consistency.
B
To decrease the money supply unpredictably.
C
To eliminate the need for fiscal policy.
D
To increase economic volatility.
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