The exogenous variable in the monetary policy curve is ________.
A) the policy parameter, λ
B) the real interest rate
C) the autonomous component, 
D) the federal funds rate
E) the inflation rate
Correct Answer:
Verified
Q3: In the very short run _.
A)the real
Q4: Autonomous tightening of monetary policy involves _.
A)raising
Q6: A decision to increase the parameter λ
Q7: The federal funds rate is _.
A)a real
Q8: Which of the following is true about
Q11: A central bank can control the real
Q12: A shift of the MP curve _.
A)implies
Q14: If the central bank did not follow
Q16: The MP curve may be used to
Q19: If expected inflation rises,monetary policy _.
A)is rendered
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