1. If the government announced that it would, come what may, reduce the growth of money supply to zero next year, what (according to new classical eco
1. If the government announced that it would, come what may, reduce the growth of money supply to zero next year, what (according to new classical economists) would happen? How might their answer be criticised?
\r\n2. For what reasons would a new classical economist support the policy of the Bank of England publishing its inflation forecasts and the minutes of the deliberations of the MPC?