The inability of the Federal Reserve to explain movements in M1 demand has led to
A) less emphasis on money growth as a policy tool.
B) the Federal Reserve's targeting V1 growth more closely.
C) the Federal Reserve's switching to M2 and M3 targets.
D) All of the above.

Question

Quizplus · Accepted Answer

The Answer of The inability of the Federal Reserve to explain movements in M1 demand has led to
A) less emphasis on money growth as a policy tool.
B) the Federal Reserve's targeting V1 growth more closely.
C) the Federal Reserve's switching to M2 and M3 targets.
D) All of the above.

The Inability of the Federal Reserve to Explain Movements in M1