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If the Desired Intermediate Target Is a Monetary Aggregate,then the Preferred

Question 10

Multiple Choice

If the desired intermediate target is a monetary aggregate,then the preferred operating target will be a(n) ________ variable like the ________.


A) interest rate; three-month Treasury bill rate
B) interest rate; federal funds rate
C) reserve aggregate; monetary base
D) reserve aggregate; nonborrowed reserves

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