Goodhart’s Law suggests that?

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804Active Users

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

Bbad money drives out good

Cmonetary policy can only be effective if it is a long-term policy

Dcontrolling one part of the money supply will merely result in that item becoming less important

Correct answer

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

Explanation

The correct answer is controlling one part of the money supply will merely result in that item becoming less important.

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Answer summary

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

The correct answer is controlling one part of the money supply will merely result in that item becoming less important.