Question: please provide detail on how to get to answer 2. We're not likely to see a really tight monetary policy; he made clear that the

please provide detail on how to get to answer

please provide detail on how to get to answer 2. "We're not

2. "We're not likely to see a really tight monetary policy; he made clear that the central bank is following an 'intentionally moderate' monetary policy in order to 'minimize the strains involved in adjusting to a less inflationary economy. He points to the 'awkward economic fact that in the short run anti-inflationary policies tend to restrain output more than prices'." In plain language this means that the central bank is adopting a policy of: a) raising interest rates markedly to cut back on output b) gradually reducing the rate of growth of the money supply c) attacking unemployment with a policy of gradually increasing the money growth rate d) increasing the money supply at a low steady rate equal approximately to the real rate of growth of the economy

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