A(n) __________ is a target that is midway between the policy instruments and the ultimate policy goals.
A)monetary target
B)policy directive
C)operating target
D)intermediate target

Question

Quizplus · Accepted Answer

An intermediate target is a target that is set between the policy instruments and the ultimate policy goals. It serves as a stepping stone towards achieving the overall policy objective. Examples of intermediate targets include interest rates, money supply, and inflation rates.

A(n) __________ Is a Target That Is Midway Between the Policy