All the following affect short-run operating targets of the FOMC, except:
a. the federal funds rate.
b. the rate of inflation.
c. the budget deficit.
d. the foreign exchange rate.
e. the growth of real GDP.
c
Economics
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There is a direct link between a nation's per capita real GDP and its:
a. c and e. b. c, d, and e. c. human capital investment. d. population. e. life expectancy.
Economics
Money lowers the transaction cost when: a. the economy is experiencing rapid inflation. b. its value is stable
c. the rate of inflation is uncertain. d. there is widespread deflation
Economics