Mulitple Choice Questions

Friedman Hypothesis state that the Marginal Propensity to Consume (MPC) out of transitory income is zero also has an interesting implication for _____.

1. Monetary Policy
2. Fiscal Policy
3. Pricing Policy
4. Tax Policy

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Friedman Hypothesis state that the Marginal Propensity to Consume (MPC) out of transitory income is zero also has an interesting implication for _____.

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