Recent policy statements by the FOMC announce and explain its:
A) Targets for money growth with no mention of interest-rate targets
B) Short-term interest-rate decisions with no mention of money growth targets
C) Decisions for long-term interest rates
D) Decisions for money-growth targets but also mentioning short-term interest-rate decisions
Correct Answer:
Verified
Q9: The Fed hopes to impact short-run inflation
Q10: To economists, inflation means all of the
Q11: If inflation is very high, say 50
Q12: To an economist, the term "inflation" refers
Q13: Aggregate supply is the quantity of:
A)Real output
Q15: For central bankers to alter the real
Q16: The FOMC targets the federal funds rate,
Q17: Potential output of the country when viewed
Q18: In the long run, current output will:
A)Equal
Q19: In the long run, if we ignore
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