Between 1950 and 1980 in the U.S., interest rates trended upward. Duri

Between 1950 and 1980 in the U.S., interest rates trended upward. During this same time period

A) the rate of money growth declined.
B) the rate of money growth increased.
C) the government budget deficit (expressed as a percentage of GNP) trended downward.
D) the aggregate price level declined quite dramatically.

 

ANSWER

B

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