THE FLUCTUATIONS IN BOTH MONEY SUPPLY GROWTH AND THE FEDERAL FUNDS...

93) - 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
93) The fluctuations in both money supply growth and the federal funds rate during 1979–1982 suggest that the Fed (a) had shifted to borrowed reserves as an operating target. (b) had shifted to total reserves as an operating target. (c) had shifted to the monetary base as an operating target. (d) never intended to target monetary aggregates. Answer: D Question Status: Revised