The Fed has the least degree of discretion and the least to do under a policy rule setting
A) the growth rate of money.
B) the growth rate of high-powered money.
C) the Federal funds rate.
D) nominal GDP.
B
Economics
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Looking at inflation rates in the United States since the 1970s we see that
A) inflation fell the most during the 1970s productivity slowdown. B) the highest inflation rates were the double digits during the 1990s. C) the inflation rate increased with the increased growth of the 1990s. D) the 1970s experienced the highest inflation rates.
Economics
When total utility is falling, marginal utility is
a. increasing b. decreasing c. positive d. negative e. 0
Economics