Q
Goodhart’s Law suggests that ?
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A
A. Bad money drives out good
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B
B. Monetary policy can only be effective if it is a long-term policy
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C
C. Controlling one part of the money supply will merely result in that item becoming less important
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D
D. The money supply must only expand at the rate of growth of real national income
Correct Answer:
C. C. Controlling one part of the money supply will merely result in that item becoming less important