IN EARLY 1996, THE FED (A) LOWERED THE FEDERAL FUNDS INTEREST RAT...

115) - TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
115) In early 1996, the Fed (a) lowered the federal funds interest rate to deal with a possible slowing in the economy. (b) began a preemptive strike against inflation by raising the federal funds interest rate in steps to 6 percent by early 1995. (c) abandoned its policy of keeping the federal funds interest rate target a secret. (d) did both (a) and (b) of the above. (e) did both (b) and (c) of the above. Answer: A Question Status: Previous Edition