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Over the long run if central banks want to avoid high rates of inflation, they need to be concerned with the: real economic growth rate. productivity...

Over the long run if central banks want to avoid high rates of inflation, they need to be concerned with the:

a. real economic growth rate.

b. productivity of labor.

c. money growth rate.

d. unemployment rate.

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Please see the attached... View the full answer

a. real economic growth rate. The reason for this is that the... View the full answer

The answer is... View the full answer

The correct choice... View the full answer

C. Money growth rate: The Money growth defines the supply of the money in the economy, So... View the full answer

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