{"id":68167,"date":"2016-08-01T03:42:57","date_gmt":"2016-08-01T03:42:57","guid":{"rendered":"http:\/\/essayparlour.com\/paperhelp\/uncategorized\/13-1-milton-friedman-would-have-liked-the-fed-to-follow-a\/"},"modified":"2016-08-01T03:42:57","modified_gmt":"2016-08-01T03:42:57","slug":"13-1-milton-friedman-would-have-liked-the-fed-to-follow-a","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/economics\/13-1-milton-friedman-would-have-liked-the-fed-to-follow-a\/","title":{"rendered":"(13.1) Milton Friedman would have liked the Fed to follow a"},"content":{"rendered":"<p>(13.1) Milton Friedman would have liked the Fed to follow a monetary rule where the A.interest rate&#8230; Show more (13.1) Milton Friedman would have liked the Fed to follow a monetary rule where the A.interest rate is increased every year by a percentage rate equal to the long-run growth rate of real GDP B.money supply is increased every year by a percentage rate equal to the long-run growth rate of real GDP. C.money supply is increased every year by a percentage rate equal to the short-run growth rate of nominal GDP. D.money supply is kept unchanged as Milton Friendman did not want the Fed to intervene with the market economy. (13.2) Support for a monetary rule of the kind advocated by Friendman declined since 1980 because A. the Fed had actually practiced inflation targeting for a few years before the 1980s with very unfavorable results. B. the Fed&#8217;s performance since 1980 has been excellent even without a formal inflation target. C.the large following of Milton Friedman has dwindled since 1980s. D. other countries that follow inflation targeting have had less than a desirable effect on their economy. \u2022 Show less<\/p>\n<p><a href='http:\/\/essayparlour.com\/order'><img id='order_now' class='aligncenter' src='http:\/\/essayparlour.com\/wp-content\/uploads\/2016\/07\/8952039_orig.png' alt='Order Now' name='order_now'><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(13.1) Milton Friedman would have liked the Fed to follow a monetary rule where the A.interest rate&#8230; Show more (13.1) Milton Friedman would have liked the Fed to follow a monetary rule where the A.interest rate is increased every year by a percentage rate equal <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-68167","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/68167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=68167"}],"version-history":[{"count":0,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/68167\/revisions"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=68167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=68167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=68167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}