Previous variables used by the Fed for monetary policy since 1970 include all of the following except
A) money supply growth rates.
B) nominal interest rates.
C) average long-term inflation rates.
D) business cycle fluctuations.
E) none of the above; each has been used at some time during the past three decades.
Correct Answer:
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Q2: The Taylor rule has stabilizing effects on
A)
Q3: The harder the Fed applies the brakes
Q4: The Federal Reserve, like other central banks,
Q5: Each of the following statements describes the
Q6: Each of the following statements about the
Q7: A decision on the part of the
Q8: Since the mid-1980s, the FOMC's chief policy
Q9: Given a monetary policy rule of the
Q10: Suppose government deficits increase such that real
Q11: The Taylor principle describes Fed behavior that
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