EXPLANATIONS FOR THE FED’S POOR MONETARY CONTROL DURING 1979–1982...

90) - 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
90) Explanations for the Fed’s poor monetary control during 1979–1982 include (a) the slow down in financial innovation after passage of the Monetary Control Act of 1980. (b) the suspension of credit controls in mid-1979. (c) the Fed’s desire to fight inflation without taking all the criticism for the high interest rate policy. (d) only (a) and (b) of the above. Answer: C Question Status: Previous Edition