Effective tool for conducting monetary policy

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Reference no: EM13816551

Evidence of Monetarism

To complete this activity, you will first need to access the following web sites and research historical inflation rates and money growth data:

Review and compare the trends in money supplies/ aggregates to the trend in the CPI over several decades.

State your opinion about the validity of Monetarism (Friedman's famous quote that inflation is everywhere and always a monetary phenomenon).

Has Monetarism been an effective tool for conducting monetary policy?

What role does monetarism have in current monetary policy?

Reference no: EM13816551

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