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Question #47689

Goodhart’s Law suggests that ?

Options:

A) bad money drives out good

B) monetary policy can only be effective if it is a long-term policy

C) controlling one part of the money supply will merely result in that item becoming less important

D) the money supply must only expand at the rate of growth of real national income

Answer: Goodhart’s Law suggests that controlling one part of the money supply will merely result in that item becoming less important.

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