A cheaper dollar will result in an increase in us

  • No School
  • NONE 0
  • Notes
  • DrRockNarwhal9363
  • 39
  • 97% (269) 260 out of 269 people found this document helpful

This preview shows page 38 - 39 out of 39 pages.

Monetary Policy393.What are the two assumptions made in the nonactivist constant-money-growth-rate rule? Describe the alternative rule known as the predetermined-money-growth-rate rule and explain why some nonactivists prefer this rule.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture