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What monetary policy rule does Scott Sumner, one of the leading current market monetarists propose for the Fed to follow now? Group of answer choices

What monetary policy rule does Scott Sumner, one of the leading current market monetarists propose for the Fed to follow now? Group of answer choices Make money be backed by government held gold. Increase the money supply by whatever is necessary to make prices stay constant. Banks should be allowed to make their own private money, which would then be legal money. Increase the money supply by whatever is necessary to make aggregate demand or MxV grow by 5% a year

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