GENERALLY, THE DATA INITIALLY REPORTED BY THE FED ARE (A) NOT A R...

151) Generally, the data initially reported by the Fed are

(a) not a reliable guide to the short-run behavior of the money supply.

(b) a reliable guide to the long-run behavior of the money supply.

(c) a reliable guide to the short-run behavior of the money supply.

(d) both (a) and (b) of the above.

(e) both (b) and (c) of the above.

Answer: D

Question Status: Study Guide