THE GROWTH RATES OF MONETARY AGGREGATES (A) FOLLOW ONE ANOTHER EX...

149) The growth rates of monetary aggregates

(a) follow one another exactly.

(b) tend to move together in the short run but not in the long run.

(c) are unrelated in the long run.

(d) tend to move together in the long run but can diverge in the short run.

(e) are most closely related during the 1990s.

Answer: D

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