AN EXAMINATION OF REVISED MONEY SUPPLY STATISTICS, WHEN COMPARED...

152) An examination of revised money supply statistics, when compared to the initial statistics, suggests

that

(a) the initial statistics are pretty good.

(b) the initial statistics do not provide a good guide to short-run movements in the money supply.

(c) the initial statistics provide a poor guide of monetary policy because they are usually

underestimates of the revised statistics.

(d) the initial statistics provide a good guide of monetary policy, though they are usually

Answer: B