Answer:
real GDP
Explanation:
The above rule was proposed by Milton Friedman that the money supplied by the central bank be increased by constant percentage on annual basis. In other words, constant money growth rate rule suggested money supply growth rate be equal to GDP growth rate annually.
According to Friedman, monetary policy contributes to fluctuation in an economy. He suggested that the best way to stabilize a fluctuating economy is to allow the central bank increase money supply in the long run by a targeted amount annually irrespective of the situation of the economy.
Answer:
?
Explanation:whats the subject
$42.25
- trade prices that are shown on the tape DO NOT include commission.
The purpose why the person use the money is for medium of exchange.
<h3>What is money?</h3>
Money is a legal tender, approved by the government of a country as a means of exchange. Money is used to pay for services received and also for the purchase of goods.
Characteristics of money are:
- Store of value
- Medium of exchange
- Unit of account
Hence, the purpose why the person use the money is for medium of exchange.
Learn more about money here: brainly.com/question/1812645
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