IN FEBRUARY 1994, THE FED (A) RAISED ITS FEDERAL FUNDS INTEREST R...

111) - 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
111) In February 1994, the Fed (a) raised its federal funds interest rate target. (b) abandoned its policy of keeping the federal funds interest rate target a secret. (c) lowered its federal funds interest rate target by 3/4s of a percentage point following the collapse of Long-Term Capital Management. (d) did both (a) and (b) of the above. (e) did both (b) and (c) of the above. Answer: D Question Status: Previous Edition