It is often suggested that central banks should try to achieve zero inflation. If we assume that
Question:
It is often suggested that central banks should try to achieve zero inflation. If we assume that velocity is constant, does this zero inflation goal require that the rate of money growth equal zero? If yes, explain why. If no, explain what the rate of money growth should equal.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: