FEDERAL RESERVE MONETARY POLICY FROM 1990 TO THE PRESENT HAS BEEN...

120) Federal Reserve monetary policy from 1990 to the present has been characterized by (a) a return to a federal funds operating target. (b) a policy of preemptive strikes to head off future inflationary pressure. (c) a return to monetary aggregate operating targets. (d) both (a) and (b) of the above. (e) both (b) and (c) of the above. Answer: D Question Status: Study Guide