
Monetary policy produces ripple effects, some of which happen quickly and some that can take years to produce change. Which of the following takes the longest to change?
A) inflation rate
B) federal funds rate
C) exchange rate
D) monetary base
Correct Answer:
Verified
Q63: Open market purchases by the Fed
A) raise
Q65: When the Fed raises the federal funds
Q66: Long-term interest rates fluctuate _ short-term interest
Q67: Long-term interest rates are _ than short-term
Q68: The ripple effects that occur when the
Q69: If the Fed wants to increase the
Q71: If the Fed raises the federal funds
Q72: If the Fed lowers the federal funds
Q76: When the Fed lowers the federal funds
Q78: If the U.S. interest rate rises, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents