What is a monetary rule as opposed to a monetary policy

Reference no: EM131023068

What is a monetary rule, as opposed to a monetary policy? What monetary rule would Milton Friedman have liked the Fed to follow? Why has support for a monetary rule of the kind Friedman advocated declined since 1980?

Reference no: EM131023068

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What is a monetary rule as opposed to a monetary policy : What is a monetary rule, as opposed to a monetary policy? What monetary rule would Milton Friedman have liked the Fed to follow? Why has support for a monetary rule of the kind Friedman advocated declined since 1980?

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