ECONOMISTS QUESTION THE DESIRABILITY OF A REAL INTEREST RATE TARGE...

42) Economists question the desirability of a real interest rate target because (a) the Fed does not have direct control over real interest rates. (b) changes in real interest rates have little effect on economic activity. (c) real interest rates are extremely difficult to measure. (d) all of the above are correct. (e) only (a) and (c) of the above. Answer: E Question Status: Study Guide