THE FEDERAL RESERVE FROM LATE 1992 UNTIL FEBRUARY 1994 (A) KEPT T...

109) - 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
109) The Federal reserve from late 1992 until February 1994 (a) kept the federal funds interest rate targeted at a constant 3 percent. (b) kept the federal funds interest rate low because of its concern that a credit crunch was putting a drag on the economy. (c) abandoned its policy of keeping the federal funds interest rate target a secret. (d) did all of the above. (e) did only (a) and (b) of the above. Answer: E Question Status: Previous Edition