FED POLICY SINCE THE EARLY 1990S INDICATES THAT (A) MONETARY AGGR...

104) Fed policy since the early 1990s indicates that (a) monetary aggregates continue to be rejected as intermediate target. (b) it is pursuing a policy of targeting the federal funds rate. (c) it is pursuing a policy of targeting the exchange rate. (d) only (a) and (b) of the above are true. (e) only (a) and (c) of the above are true. Answer: D Question Status: Previous Edition