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

89) - 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
89) Explanations for the Fed’s poor monetary control during 1979–1982 include (a) the acceleration of financial deregulation. (b) the back to back recessions in 1980 and 1981–1982. (c) the Fed’s desire to fight inflation without taking all the criticism for the high interest rate policy. (d) all of the above reasons. (e) only (a) and (b) of the above. Answer: D Question Status: Previous Edition