Given that the money demand function is not stable, why does the Fed think it is best to fix interest rates instead of growth in the money supply?
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Q37: All else held equal, an increase in
Q38: When the Fed increases the federal funds
Q39: Economists refer to the sum of all
Q40: When the rate of interest falls,
A)the opportunity
Q41: The main instrument of monetary policy at
Q43: There is a positive relationship between interest
Q44: If the Fed wants to fix the
Q45: The Fed changes the federal funds rate
Q46: The interest rate is the opportunity cost
Q47: A situation in which a zero interest
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