If velocity were predictable but not constant, would a monetary policy that fixed the growth rate of

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If velocity were predictable but not constant, would a monetary policy that fixed the growth rate of money work?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 08:14 AM

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If velocity were predictable but not constant, would a monetary policy that fixed the growth rate of

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We know that money growth velocity growth inflation real growth If velocity is no...View the full answer

Money Banking and Financial Markets

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