Multiple Choice
On October 6,1979,the Federal Reserve abandoned the strategy of targeting the Federal funds rate and focused on target ranges for growth in the monetary aggregates.Since that time,the Federal Reserve
A) has never deviated from that strategy.
B) gave up on interest rate targeting.
C) deviated from target ranges for growth in the monetary aggregates when inflation and unemployment were high.
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Throughout the 1980s,the Federal Reserve<br>A)primarily targeted M1.<br>B)primarily
Q16: A variable that the Federal Reserve focuses
Q17: In the United States,the strategy of monetary
Q18: An index constructed by Alberto Alesina and
Q19: The Federal funds rate<br>A)is the interest rate
Q21: The Taylor rule relates<br>A)inflation rates to unemployment
Q22: An argument against inflation targeting is that<br>A)the
Q23: Policy is conducted via a rule if
Q24: Which of the following statements is (are)correct?
Q25: If the great majority of shocks to