In the early 1990s, the Fed was most interested in which aggregate for an indicator of the level of economic activity?

Question

Quizplus · Accepted Answer

In the early 1990s, the Federal Reserve was most interested in domestic nonfinancial debt (DNFD) as an aggregate indicator of the level of economic activity. DNFD encompasses the total amount of debt held by the domestic nonfinancial sectors, including households, businesses, and governments, which is a broad measure of borrowing and spending in the economy.

In the Early 1990s, the Fed Was Most Interested in Which